313 Market Street
Georgetown, DE 19947
- – beds
- – baths
- 1,800 sqft
- ~1/2 acre lot
- $177 per sqft
- 2012 build
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GREAT INVESTMENT OPPORTUNITY: Income producing duplex in the heart of Georgetown next to public park and baseball fields. 313A (downstairs) has 2BR/1BA and 313B (upstairs) has 3BR/1BA. Total rent for both units is currently $1950/month and tenants pay all utilities. Downstairs unit recently renovated with upgrades to kitchen, floors, paint, bathroom. Convenient location with extremely low vacancy rate and high capitalization rate. 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. Could be an office space or business to just name a few. Adjacent duplex also available. Multiple offer situation. All offers due by Sunday 11/3 at 12pm.
Listing courtesy of BRIGHT / Patterson-Schwartz-Rehoboth
Last checked:
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Last updated Dec 19, 2024
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MLS# DESU2073002 —
The Building
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Year Built:2012
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Year Built Source:Estimated
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Year Major Reno/Remodel:2012
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New Construction:No
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Construction Materials:Stick Built
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Building Units Total:2
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Structure Type:Detached
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Architectural Style:A-Frame
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Accessibility Features:None
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Foundation Details:Block, Crawl Space
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
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Living Area Units:Square Feet
Room Dimensions
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Total SqFt:1800
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Living Area SqFt:1,800 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Conventional
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Possession:31-60 Days CD
Location
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Directions:On North side of E. Market Street.
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Latitude:38.69011300
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Longitude:-75.38547300
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.41
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Lot Size Source:Estimated
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Lot Size Dimensions:69 x 257
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Lot SqFt:17,760 Sqft
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Zoning:UB2- TOWN
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In City Limits:Yes
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Lease:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 381-2504
- Office phone:
- (302) 703-6987
Taxes
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Tax ID Number:135-15.17-36.00
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Tax Year:2024
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Tax Annual Amount:$611
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Tax Assessed Value:$29,600
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City/Town Tax:611.00
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump - Electric BackUp
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Indian River
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Exterior Features:Sidewalks
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:20
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Garage:No
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Type of Parking:Driveway
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Driveway - # of Spaces:20
Extra Units
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Vacation Rental:No
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Two Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/18/24
Dec 18, 2024
|
Sold | BRIGHT | $319,000 | |
11/4/24
Nov 4, 2024
|
Pending | BRIGHT | $319,000 | |
10/28/24
Oct 28, 2024
|
Listed / Active | BRIGHT | $319,000 |