109 N Bedford St, Georgetown, DE 19947

$369,900
5
BD
3
BA
3,000
SqFt

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List Price
$369,900
Days on Market
99
Status
ACTIVE
MLS#
DESU2110168
Bedrooms
5
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
3,000
Lot Size (Acres)
0.2
Style
Other
Year Built
1874
County
Sussex
School District
Indian River

Property Description

Perfect investment opportunity barely 500' from the circle in downtown Georgetown. Property is zoned for mixed use but currently has two residential tenants occupying both the top and bottom floor units. The building is in good shape and has undergone many recent updates inside and out. There are a few different options with this property. Leases are annual and will be coming up for renewal soon. This property can be used as a residential duplex or a mixed use property with commercial use on the first floor and residential on the second floor or the property next door, 107 N Bedford, could be purchased along side this one. The two properties can be combined and redeveloped into an apartment complex or a larger commercial building. There is plenty of parking and great roadside exposure to fit any needs.

Additional Information

Area
Georgetown Hundred (31006)
Subdivision
None Available
Stories
2
School District
Indian River
Heating
Hot Water
Heating Fuel
Central
Cooling
None
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact: (410) 524-6400