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The Don Williams Group

info@donwilliamsgroup.com +1(302) 703-9933

Listed by Lisamarie Perez • Keller Williams Realty

$ 320,000

Est. payment | -/mo

0.26 Acres Lot

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$ 320,000

Est. payment | -/mo

Save Virtual Tour

0.26 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2045646

Year Built 1999

Annual Tax Amount $547

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

This exceptional property, built in 1999 and extensively renovated in 2023, presents a unique opportunity for savvy investors seeking a blend of modern comfort and potential financial returns. With a focus on quality, the renovations have transformed this space into a stunning showcase of contemporary living, featuring advanced framing and luxury vinyl plank flooring that not only enhances aesthetic appeal but also ensures durability and ease of maintenance. Set on a generous 0.26-acre lot, this property includes additional lots, providing ample space for future development or expansion. The potential for increased value through strategic enhancements is significant, making this an ideal investment for those looking to capitalize on the growing demand for residential properties in the area. The layout is designed to maximize functionality, offering a warm and inviting atmosphere that feels like home while also appealing to a broad range of potential tenants or buyers. The property is in excellent condition, allowing for immediate occupancy or rental without the need for further investment in repairs or upgrades. This is a key advantage for investors looking to generate income quickly. The surrounding area boasts a vibrant community with access to essential amenities, enhancing the property's appeal and ensuring a steady demand. The combination of a well-maintained home and a desirable location positions this property as a prime candidate for long-term appreciation. Investors will appreciate the potential for rental income, especially in a market where quality housing is in high demand. The recent renovations not only elevate the living experience but also reduce the likelihood of costly repairs in the near future, allowing for a more predictable cash flow. In summary, this property is not just a home; it's a strategic investment opportunity. With its modern upgrades, spacious lot, and excellent condition, it stands ready to deliver both comfort and financial benefits. Don't miss the chance to add this gem to your portfolio and enjoy the rewards of smart real estate investing. Strong Rental History.

Location

State DE

County Kent

Area Lake Forest (30804)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Wall Unit

Cooling Wall Unit

Flooring Luxury Vinyl Plank

Heat Source Propane - Owned

Exterior

Garage Spaces 3.0

Water Access N

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 3

Garage N

Building

Lot Description Additional Lot(s)

Sewer On Site Septic

Water Well

New Construction N

Schools

Elementary Schools Lake Forest Central

Middle Schools W.T. Chipman

High Schools Lake Forest

School District Lake Forest

Others

Tax ID SM-01-11517-01-1200-000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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The Don Williams Group

Real Estate Agent | License ID: RS-0020953

+1(302) 703-9933 | info@donwilliamsgroup.com

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58 HUBBARD AVE Frederica, DE 19946

The Don Williams Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

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58 HUBBARD AVE