Investor ALERT! This extra large corner lot, with Colonial home would make the perfect purchase and could turn out to be the smartest investment in all downtown! Don't miss your opportunity to breath life back into a grand home and be part of a rich Milton heritage. Walk two blocks to downtown shopping, theater, dining, boating/fishing, and all town services. Currently divided into two units, there's a removable separation wall between the two. Open it up and create a grand open floor space or keep it separated for two living quarters. The opportunities are endless. As an investment home, if you put $125k into a total renovation, and then sell it for a market price of $375k, your cash-cash return on investment would be 29%. Hard to do that with any Wall Street investment plan! Use this home as a rental and enjoy a annual potential NOI of $24, 000 or raze the home (w/permit) and build new on a large in-town corner lot. This is a golden opportunity for the right savvy buyer, perhaps you!
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This 3 bedroom, 2 bathroom Single Family home
for sale in Milton, DE
is currently listed for $125,000.
Featuring a lot size of 7,841 Sq. Ft.,
202 Chestnut St
was built in 1850 and
has been on coldwellbankerrealestate.com for 115 days.
This listing is provided courtesy of KELLER WILLIAMS REALTY.
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800 Kings Highway
Lewes, DE 19958
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Data last updated: Tuesday, February 21, 2017 at 6:08 PM. Properties in listings may have been sold or may no longer be available.