Sold for $319,000

$319,000

313 E Market St, Georgetown, DE 19947

5beds

--baths

1,800sqft

Duplex

Built in 1914

-- sqft lot

$340,500 Zestimate^®

$177/sqft

$1,754 Estimated rent

Home value

$340,500

$300,000 - $381,000

$1,754/mo

Zestimate^® history

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$1,436/mo

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$1,436/mo

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What's special

GREAT INVESTMENT OPPORTUNITY: Income producing duplex in the heart of Georgetown next to public park and baseball fields. 313A (downstairs) has 2BR/1BA and 313B (upstairs) has 3BR/1BA. Total rent for both units is currently $1950/month and tenants pay all utilities. Downstairs unit recently renovated with upgrades to kitchen, floors, paint, bathroom. Convenient location with extremely low vacancy rate and high capitalization rate. Large lot backs up to Cooper Alley for easy access in or out and plenty of parking. Town code allows multitude of uses for this property with potential for subdivision of lot. Could be an office space or business to just name a few. Adjacent duplex also available. Multiple offer situation. All offers due by Sunday 11/3 at 12pm.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5

Basement

Area: 0

Heating

Heat Pump, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,800
Total interior livable area: 1,800 sqft

Property

Parking

Total spaces: 20
Parking features: Driveway
Uncovered spaces: 20

Accessibility

Accessibility features: None

Features

Patio & porch: Porch
Exterior features: Sidewalks
Pool features: None

Lot

Size: 0.41 Acres
Dimensions: 69 x 257

Details

Additional structures: Above Grade, Below Grade
Parcel number: 13515.1736.00
Zoning: UB2- TOWN
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: A-Frame
Property subtype: Duplex

Materials

Stick Built
Foundation: Block, Crawl Space

Condition

New construction: No
Year built: 1914
Major remodel year: 2012

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Georgetown
Subdivision: None Available

HOA & financial

Other financial information

Total actual rent: 22800

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Fee Simple

Price history

Date	Event	Price
12/18/2024	Sold	$319,000$177/sqft
Source: Bright MLS #DESU2073002 Report a problem
11/4/2024	Pending sale	$319,000$177/sqft
Source: Bright MLS #DESU2073002 Report a problem
10/28/2024	Listed for sale	$319,000+67.9%$177/sqft
Source: Bright MLS #DESU2073088 Report a problem
11/26/2012	Sold	$190,000$106/sqft
Source: Public Record Report a problem