2283 Burnite Mill Road Felton, DE 19943

$219,900
3
Beds
2
Baths
0.57
Acres
1,056
SQFT
208
$/SQFT
$219,900
3
Beds
2
Baths
1,056   sf
$208 / sf
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active
1/20
Street View

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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Kent
  • Area
    Lake Forest
  • Tax Amount
    $773
  • Status
    Active
  • Listing #
    DEKT2034134
  • Built
    1999
  • Lot Size
    0.57
  • Listed on site
    15 days
  • Listing Agent Id
    121143929414

Listed by:
The Parker Group

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Ranch / One Story

Financing

  • Cash
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