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.
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
What's special
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#: DEKT2034134
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