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Sold for $198,000 on 02/07/25
  • $198,000

    2283 Burnite Mill Rd, Felton, DE 19943

    3beds
    1,056sqft
    Single Family Residence
    Built in 1999
    0.57 Acres Lot
    $281,700 Zestimate®
    $188/sqft
    $1,647 Estimated rent

    Owner options

    List your home for rent

    $1,647/mo

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    $1,647/mo

    Rent Zestimate®

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    $906/mo

    Est. payment

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    $906/mo

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    What's special

    Exceptional Investment Opportunity: Two Rental Units in Felton, DE! Unlock the potential of this outstanding investment property with tenants in place. This offering includes two income-producing rental units on a spacious lot, perfectly positioned in a sought-after area of Felton. Property Highlights: Dual Units: Two separate rental units offering diversified income streams. Steady Rental Income: Both units are currently tenant-occupied, providing immediate cash flow. Unit 1 is rented at $800/month, and unit 2 rented at $1,500/month. Prime Location: Nestled in a desirable part of Felton, minutes from local amenities, major highways, and schools. Generous Lot Size: Plenty of outdoor space with potential for additional improvements or amenities to further boost rental value. Low-Maintenance Living: Updated systems and minimal upkeep make this a hassle-free investment. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a turnkey opportunity, this property offers endless possibilities. With a strong rental history and increasing demand for rental properties in the area, this is your chance to secure a profitable asset in a growing market.

    Zillow last checked: 7 hours ago

    Listing updated: February 07, 2025 at 07:53am

    Listed by:

    Tyler Nicholls 302-423-1848,

    The Parker Group

    Bought with:

    Monica Leblanc

    Diamond State Cooperative LLC

    Source: Bright MLS,MLS#: DEKT2034134MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Other, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Breakfast Area
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Other
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.57 Acres
    • Dimensions: 131.99 x 374.06
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: SM0014500013700000
    • Zoning: AR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Well

    Community & neighborhood

    Location
    • Region: Felton
    • Subdivision: None Available

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Ownership: Fee Simple