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Multifamily, Millsboro, Delaware 28420 Delaware Ave 6 Unit Apartment Building $1,395,919 CAD ($232,653 CAD/Unit) Millsboro, DE 19966

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INVESTMENT HIGHLIGHTS

  • Diversified Investment
  • Affordable Rent with Excellent Leasing Record
  • Please contact the listing broker for additional details
  • 6 Apartments - Multifamily
  • Assumable loan
  • Another website for the property - https://sitebuilder.brevitas.com/?puuid=TM4VgXMcp0

EXECUTIVE SUMMARY

The price was adjusted to $999,999.00 and now priced to sell for this unique opportunity to own a multifamily building consisting of Six, 1 bedroom, 1 bathroom apartments in Millsboro, Delaware. This apartment building consists of Six, one bathroom, one bedroom apartments. This approximately 3,000 square foot apartment building has a front yard and private parking for the tenants to enjoy. Each unit is separately metered for electricity only. Water and Sewer are currently paid for by the landlord and does not ask for reimbursement.
This is a diversified investment with a long history of being fully leased.
For the NOI, or any other financial questions, please contact the listing broker.
There is also an assumable loan on this property.
Disclaimer: The information presented is believed to be accurate, but the users must verify it for their own satisfaction. Price and availability are subject to change without prior notice. The Seller’s/Owner’s broker, any cooperating broker, and any salesperson working with either are representing the Seller’s best interests and have fiduciary responsibilities to Seller, but are obligated to treat all parties fairly.

PROPERTY FACTS

Price $1,395,919 CAD
Price Per Unit $232,653 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 3,198 SF
Average Occupancy 100%
No. Stories 1
Year Built 2020
Zoning Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Refrigerator
  • Oven
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
234-34.08-78.00
Land Assessment
$4,233 CAD
Improvements Assessment
$37,462 CAD
Total Assessment
$41,695 CAD
  • Listing ID: 34848185

  • Date on Market: 2025-02-16

  • Last Updated:

  • Address: 28420 Delaware Ave, Millsboro, DE 19966

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