Investor alert - a 3-unit apartment building in downtown Frederica, Delaware just minutes from Rt. 1 and the DE Turf. The property has a strong rental history and includes (2) one room units and (1) three-bedroom unit. Currently, all three units combine for a monthly rent income of 2150.00. The current market for this type of unit in Frederica has a rent potential of 2500.00 monthly. The property also includes a working garage and back deck/yard along with ample off-street parking. Currently, the owner pays water and sewer for all units and the tenants pay all remaining utilities. This area of Frederica is transitioning into a highly desirable location for rental opportunities so do not miss out on investing in this up-and-coming area of Kent Cunty Delaware.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
