31414 Collins Ct, Millsboro, DE 19966

$249,000
1,008
SqFt

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List Price
$249,000
Days on Market
2
Status
ACTIVE
MLS#
DESU2118576
Living Area
1,008
Lot Size (Acres)
0.35000000000000003
Style
Modular/Pre-Fabricated
Year Built
1989
County
Sussex
School District
Indian River

Property Description

Unique investment opportunity in Millsboro! This offering includes three adjoining tax parcels, all being sold together, consisting of two income-producing lot rentals and one parcel with a seller-owned mobile home. The properties included in the sale are: 22170 Atkins Court — Tax ID #133-23.00-24.06 22162 Atkins Court — Tax ID #133-23.00-24.05 31414 Collins Court — Tax ID #133-23.00-24.03 The two parcels located on Atkins Court each have a tenant-owned mobile home situated on the land. The mobile homes themselves are not included in the sale. The current owner collects $250 per month in lot rent from each parcel. The Collins Court parcel includes a seller-owned 2-bedroom, 2-bath mobile home, which is currently rented for $650 per month. Together, the three parcels currently generate $1,150 per month in rental income. All three parcels are contiguous and currently share one well and one septic system. This is a unique opportunity to acquire three adjoining parcels with existing rental income and multiple potential income streams. All three parcels are being offered and sold together.

Additional Information

Area
Dagsboro Hundred (31005)
Taxes
$246
School District
Indian River
Heating
None
Heating Fuel
Electric
Cooling
None
Water
Well
Sewer
Septic Exists

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: (302) 360-0300