113 S CHURCH STREET, Milford, DE 19963
113 S CHURCH STREET, Milford, DE 19963
113 S CHURCH STREET, Milford, DE 19963
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Listed by Deja Johnson • Compass
$950,000
Est. payment /mo
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9 Beds
4 Baths
4,400 SqFt
New

113 S CHURCH STREET Milford, DE 19963

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Key Details

Property Type Single Family Home, Condo

Sub Type Unit/Flat/Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $215

Subdivision None Available

MLS Listing ID DESU2116898

Style Unit/Flat

Bedrooms 9

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 4,400

Year Built 1965

Property Sub-Type Unit/Flat/Apartment

Source BRIGHT

Property Description

Premier Multifamily Investment Opportunity in the Heart of Milford. Positioned in one of Delaware's fastest-growing markets, this exceptional four-unit multifamily property offers a rare opportunity to acquire a substantially renovated income-producing asset with significant upside potential.

The building features four thoughtfully designed residential units, including one spacious 3-bedroom, 1-bath residence and three well-appointed 2-bedroom, 1-bath residences. Extensive renovations have already been completed! Improvements include a brand-new roof, five new 200-amp electrical services, individually metered water and electric for each unit, separate high-efficiency HVAC systems, all-new plumbing throughout, and a professionally installed fire sprinkler system with a monitored alarm for enhanced safety and peace of mind. The heavy lifting has already been completed—simply install the appliances!

Ideally located just moments from Route 1, this property benefits from convenient access to shopping, dining, healthcare, schools, and Delaware's beach destinations, making it highly attractive to future tenants and investors alike.

Beyond its immediate income potential, this offering presents a compelling opportunity for future growth. Subject to buyer due diligence and all required zoning, municipal approvals, the property may support the construction of an additional multifamily building on the existing parcel, providing the potential to significantly expand rental inventory and maximize long-term returns. Buyer to do due diligence regarding square footage of each unit.

Whether you're seeking a stabilized income-producing asset, a strategic addition to an investment portfolio, or a property with future development potential, this is a distinctive opportunity to invest in the continued growth and revitalization of Milford. Schedule your private tour today and discover the possibilities this exceptional property has to offer.

Location

State DE

County Sussex

Area Cedar Creek Hundred (31004)

Zoning RESIDENTIAL

Rooms

Main Level Bedrooms 5

Interior

Hot Water Electric

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Private Pool No

Building

Story 2

Unit Features Garden 1 - 4 Floors

Foundation Crawl Space

Above Ground Finished SqFt 4400

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District Milford

Others

Senior Community No

Tax ID 130-01.02-38.02

Ownership Fee Simple

SqFt Source 4400

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby Locations

Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

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