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$265,000
Listing Price4beds
--baths
2,025sqft
7,802sqft lot
229 N Front St, Seaford, DE 19973
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Full foreclosure details
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For Sale
Home type
Price / sqft
Year built
Home Details
INVESTOR OPPORTUNITY IN DOWNTOWN SEAFORD! This 7-bedroom, 3-bath duplex offers an excellent opportunity to own an income-producing property in the City of Seafords Downtown Development District, where incentives may currently be available for qualifying improvements made to the property.nnThe first unit features 4 bedrooms and 2 baths and is currently occupied, generating $1,750 per month in rental income, which is below potential market rent. The second unit is a 3-bedroom, 1-bath residence that is currently vacant and offers significant upside for an investor.nnRenovations to the second unit have already been started, including drywall and some electrical work, but additional work is still needed to complete the renovation and prepare the unit for occupancy. Once completed, the second unit provides an opportunity to add another income-producing rental and significantly increase the propertys overall cash flow.nnBoth units are equipped with central air conditioning and tankless hot water heaters, adding comfort and efficiency for tenants.nnWith one unit already producing rental income and the second unit offering a value-add renovation opportunity, this property presents an attractive cash-flow and equity-building investment. Its location within Seafords Downtown Development District may also provide access to incentives for qualifying property improvements and revitalization.nnWhether you are looking to expand your rental portfolio or take on a value-add investment, this pr
Interior Details
2025
4
N/A
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7802
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$477
$1,850
$7,150
--%
$9,000
2019
$417
$1,850
$7,150
--%
$9,000
2018
$407
$1,850
$7,150
--%
$9,000
2017
$386
$1,850
$7,150
--%
$9,000
2016
$372
$1,850
$7,150
--%
$9,000
2014
$352
$1,850
$7,150
--%
$9,000
2013
$365
$1,850
$7,150
--%
$9,000
2012
$361
$0
$0
--%
$9,000
Average Home Price in 19973
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