1. Delaware
  2. Milford
  3. 45 WHISPERING OAK DRIVE
$760,000

45 WHISPERING OAK DRIVE, Milford, DE 19963

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon2.1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Investment Property with Multi-Unit Potential Seize this rare opportunity to own a 3.9-acre property featuring eight efficiency apartments and one land lease. Upon driving onto the private lane you will see the double wide on the left which is the land lease. Driving down further you will see 3 separate single level buildings, totaling 8 apartments. Each 550 sq. ft. apartment includes 2 bedrooms, 1 bathroom, kitchen/dining combo, living room , and baseboard heating. Recent updates in several units include vinyl flooring in kitchens/living rooms, carpet in bedrooms, and newer room and windows in building 1. The property is equipped with three septic systems, one shared well with a pump house, and concrete foundations. All units are leased until August 1, 2025. Additional $20/month paid by each tenant for trash service. An on-site mobile home is on land lease -home is owned by the maintenance man, who will come with the property and ensures smooth operations. Property is subject for rent increase when the current lease is up. Whether you’re expanding your portfolio or seeking a high-potential rental investment, this property delivers immediate income and future possibilities. Pictures show interior of unit 2.

Listing Status:
Active
Date Added:
January 30, 2025 at 06:00AM
Listing Office:
Keller Williams Realty : 3023600300
Listing Agent:
Kathleen Constance Lewis : 3029227572
MLS ID:
DEKT2034600
  • Flooring: VinylCarpetLuxury Vinyl Plank
  • A/C: None
  • Heating: YBaseboard - ElectricElectric
  • Disability Feature: No Stairs

This listing courtesy of Kathleen Constance Lewis, Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Banneker (Benjamin) Elementary School

449 North St, Milford, DE, 19963

Grades 1-5

3.97 miles away

M

Milford Central Academy

1021 N Walnut St, Milford, DE, 19963

Grades 6-8

3.26 miles away

M

Milford Senior High School

1019 N Walnut St, Milford, DE, 19963

Grades 9-12

3.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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