Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
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Listed by JOSE ANTONIO SANTOS • Century 21 Home Team Realty
$ 825,000
Est. payment | /mo

1.3 Acres Lot


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$ 825,000
Est. payment | /mo
Save

1.3 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Subdivision Island Development

MLS Listing ID DESU2080504

Year Built 1950

Lot Size 1.300 Acres

Acres 1.3

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

High-yield mixed-use investment property adjacent to Seaford city limits. Public water & sewer are available if annexed into the City of Seaford. Four fully leased commercial units and six occupied mobile homes generate $12,950/mo ($155,400/yr), with six additional vacant trailer pad sites for expansion. Strong tenant history, minimal owner expenses, and separate electric meters make this a turnkey property with a 17%+ cap rate. A rare opportunity for investors seeking immediate cash flow with significant value-add potential!

Location

State DE

County Sussex

Area Seaford Hundred (31013)

Zoning C-1

Interior

Hot Water Electric

Heating Other

Cooling Window Unit(s)

Heat Source Other

Exterior

Garage Spaces 20.0

Water Access N

Accessibility 2+ Access Exits, Level Entry - Main

Total Parking Spaces 20

Garage N

Building

Sewer On Site Septic, Public Hook/Up Avail

Water Public Hook-up Available, Private

New Construction N

Schools

School District Seaford

Others

Tax ID 331-07.00-60.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Lease Purchase

Listing Terms Cash, Conventional, Lease Purchase

Financing Cash,Conventional,Lease Purchase

Special Listing Condition Standard

Bright MLS (BMLS)
Charles C. Heyward, Jr.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 604-9639

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD, 20715

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1201 MIDDLEFORD RD