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2283 Burnite Mill Road

FELTON, DE 19943

– beds
– baths
1,056 sqft
~1/2 acre lot
$208 per sqft
1999 build

Exceptional Investment Opportunity: Two Rental Units in Felton, DE! Unlock the potential of this outstanding investment property with tenants in place. This offering includes two income-producing rental units on a spacious lot, perfectly positioned in a sought-after area of Felton. Property Highlights: Dual Units: Two separate rental units offering diversified income streams. Steady Rental Income: Both units are currently tenant-occupied, providing immediate cash flow. Unit 1 is rented at $800/month, and unit 2 rented at $1,500/month. Prime Location: Nestled in a desirable part of Felton, minutes from local amenities, major highways, and schools. Generous Lot Size: Plenty of outdoor space with potential for additional improvements or amenities to further boost rental value. Low-Maintenance Living: Updated systems and minimal upkeep make this a hassle-free investment. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a turnkey opportunity, this property offers endless possibilities. With a strong rental history and increasing demand for rental properties in the area, this is your chance to secure a profitable asset in a growing market.

Listing courtesy of BRIGHT / The Parker Group

Last checked: Checking… • Last updated Jan 3, 2025 •

MLS# DEKT2034130 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1999
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Vinyl Siding
Building Units Total:

2
Structure Type:

Detached
Architectural Style:

Ranch/Rambler
Accessibility Features:

None
Foundation Details:

Slab
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1056

Interior

Interior Features:

Breakfast Area
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1056
Living Area SqFt:

1,056 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash
Possession:

Immediate

Location

Directions:

See GPS
Cross Street:

PARK BROWN RD
Latitude:

38.97089000
Longitude:

-75.69856000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.57
Lot Size Source:

Estimated
Lot Size Dimensions:

131.99 x 374.06
Lot Dimensions Source:

Assessor
Lot SqFt:

24,829 Sqft
Zoning:

AR
In City Limits:

No
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

SM-00-14500-01-3700-000
Tax Year:

2024
Tax Lot:

3700-000
Tax Annual Amount:

$772.84
Tax Assessed Value:

$214,900
Year Assessed:

2024
School Tax:

374.0
County Tax:

74.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Other
Heating Fuel:

Electric

Utilities

Sewer/Septic:

On Site Septic
Hot Water:

Electric
Water Source:

Well

Schools

High School:

LAKE FOREST
School District Name:

Lake Forest
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Other

Extra Units

Vacation Rental:

No
One Bedroom Units:

1
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
1/3/25 Jan 3, 2025	Listed / Active	BRIGHT	$219,900

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This multifamily located in DE 19943 is currently for sale for $219,900. 2283 Burnite Mill Road is a 1,056 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Lake Forest Central Elementary School, Lake Forest North Elementary School, Lake Forest High School, and W.T. Chipman Middle School.

Listing Courtesy of: BRIGHT and The Parker Group.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.