$319,000

Est. payment - /mo

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5 BD

2 BA

1,800 SqFt

Coming Soon

313 E MARKET ST Georgetown, DE 19971

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Shayna Queen

shayna@shaynaqueenrealestate.com +1(443) 228-6688

UPDATED:

10/25/2024 06:58 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $177

Subdivision None Available

MLS Listing ID DESU2073088

Style A-Frame

Bedrooms 5

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,800

Originating Board BRIGHT

Year Built 1990

Annual Tax Amount $611

Tax Year 2024

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 69 x 257

Property Description

THIS IS A FANTASTIC OPPORTUNITY TO OWN A MULTI UNIT PROPERTY IN THE HEART OF GEORGETOWN next to public park and baseball fields.
313A (downstairs) has 2BR/1BA and 313B (upstairs) has 3BR/1BA. Upstairs is occupied with long term tenants who are currently on a month to month lease. Downstairs has a one year lease that expires Jan. 31, 2025. Live in one unit and rent the other or convert back to a single family home. Convenient location with extremely low vacancy rate and high capitalization rate. Extra large lot backs up to Cooper Alley for easy access in or out and plenty of parking. Town code allows multitude of uses for this property with potential for subdivision of lot. So much potential! Could be an office space or business to just name a few. Adjacent duplex also available.

Location

State DE

County Sussex

Area Georgetown Hundred (31006)

Zoning TN

Rooms

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Porch(es)

Garage Spaces 20.0

Waterfront N

Water Access N

Accessibility None

Porch Porch(es)

Parking Type Driveway

Total Parking Spaces 20

Garage N

Building

Lot Description Adjoins - Public Land, Backs - Parkland

Story 2

Foundation Block, Crawl Space

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Georgetown

Middle Schools Georgetown

High Schools Sussex Central

School District Indian River

Others

Senior Community No

Tax ID 135-15.17-36.00

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by JOHN RISHKO • Patterson-Schwartz-Rehoboth

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Shayna Queen

Agent | License ID: 5001395

+1(443) 228-6688

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