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About the Listing COMPASS8 - 3335527
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.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Residential
MLS ®
DESU2116898
Year Built
1965
Total Square Footage
4,400
Lot/Acreage
N/A
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4400
- Below Ground Sq Ft: n/a
- Basement:
- Other: Main Floor Bedrooms: 5
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RESIDENTIAL
- Roof:
- Others: Excellent
- Sewer: Public Septic,Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
113 S Church St Milford, DE 19963
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