$4,900,000 - Houston Ave. Millsboro, DE

MLS: 555228   Type: Commercial   County: Sussex   City: Millsboro   Area: Dagsboro Hundred   Neighborhood: Houston Acres   Zip: 19966   Style: Condo     Taxes: $28,000

Mortgage $23,005 /mo



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INCOME PRODUCING-HOUSTON ACRES-55 CONDO UNITS being sold in one package with proportionate share of common elements. Garden style, 1 and 2 bedroom units with garages and/or carports. Rented and drawing income. Rents range from $800-$1,000/mo depending upon size. Call for rental information. Individual heat & central AC in each unit. Metered separately for electricity, sewer/water. Public sewer/water from town of Millsboro. Tenants pay all utilities, $100,000 deposit required with contract. Other packages available.

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Price History

5/3/2012 Listed $5,600,000
8/29/2013 20% - $4,500,000

Accessibility None
Business Name Houston Acres
Commercial Building Name HOUSTON ACRES
Condo Ownership Yn 0
Current Building Use Residential
Fee Simple? 1
Items Included Insurance Exterior, Lawn Care, Maintenance/Exterior, Trash Removal
Land Options Included
Listing Sub Type N/A
Ownership Fee Simple
Property Sub Type Commercial/Industrial
Property Type Commercial Improved
Section Between Rt. 1 & 113
Subdivision Houston Acres
Zoning Features Town

Interior Features

Cooling System Heat Pump(s)
Flooring Carpet, Tile, Vinyl
Heating Heat Pump(s)
Security And Fire Local Fire Company, Smoke Detectors

Exterior Features

Building Type Condo
Exterior Type Stucco
Road Access City
Roofing Shingle-Asphalt
Sewer Sewer-Public Central
Utilities On Site Individual Meters
Water Water-Public Central

Property Schools

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Gallery (10 photos)

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Property vs Zip Code Avg (19966)

Price 4.90M Avg 1.27M

Taxes $28,000 Avg $3,268

Visits 591 Avg 103

Days on Site 3,437 Avg 547

Walkscore® 62 Avg 39

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Listing Provided Courtesy Of: MANN & SONS INC

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Location & Address

eXp Realty Delaware
State Broker of Record is located at 144 Kings Hwy, Suite 301, Dover, DE 19
Dover, DE