NEW! Buy and sell safely with virtual options - Learn More
About the Listing KWSE - 3282550
Discover a rare opportunity to own nine steady income streams on a sprawling 3.9-acre parcel just minutes from downtown Milford. This property includes eight (8) two-bedroom apartments and one land lease with an on-site maintenance tenant, offering turnkey stability and built-in management. Each 550 sq. ft. apartment features 2 bedrooms, 1 bath, a kitchen/dining combo, and a cozy living room with baseboard heat. Rents range from $600–$1,000 per month, with current rates sitting well below comparable market rents — presenting immediate value-add potential for the next owner. All units are currently leased by reliable tenants with consistent rent history. Additional features also include 3 septic systems, shared well, and pump house. Ideal for investors, 1031 exchange buyers, or portfolio builders seeking cash flow and long-term growth potential in one of Delaware’s fastest-growing regions just outside Milford city limits with quick access to Rt. 1, the beaches, and Dover.
Listing Highlights for 45 Whispering Oak Dr
Status
Active
Days on Site
278
Property Type
Commercial Sale
MLS ®
DEKT2034600
Year Built
1961
Total Square Footage
5,600
Lot/Acreage
2.1
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Vinyl,Carpet,Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Community,Well-Shared
Exterior Details
- Lot Description: Partly Wooded,Private,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 15
- Lot Dimensions: 2.10 x 0.00
- Zoning: AC
- Roof: Shingle
- Others: Average
- Sewer: Gravity Sept Fld
- Parking Features: On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,365
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
45 Whispering Oak Dr Milford, DE 19963
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
