Lake Homes Realty
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113 s church street

MILFORD, DE 19963

$950,000

9 BEDS 4 BATHS
4,400 SQFT
Residential-Unit/Flat/Apartment
New Listing
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Bedrooms 9
Total Baths 4
Full Baths 4
Square Feet 4400
Status Active
MLS # DESU2116898
County SUSSEX
More Info
Category Residential-Unit/Flat/Apartment
Status Active
Square Feet 4400
MLS # DESU2116898
County SUSSEX
Premier Multifamily Investment Opportunity in the Heart of Milford. Positioned in one of Delaware’s fastest-growing markets, this exceptional four-unit multifamily property offers a rare opportunity to acquire a substantially renovated income-producing asset with significant upside potential. The building features four thoughtfully designed residential units, including one spacious 3-bedroom, 1-bath residence and three well-appointed 2-bedroom, 1-bath residences. Extensive renovations have already been completed! Improvements include a brand-new roof, five new 200-amp electrical services, individually metered water and electric for each unit, separate high-efficiency HVAC systems, all-new plumbing throughout, and a professionally installed fire sprinkler system with a monitored alarm for enhanced safety and peace of mind. The heavy lifting has already been completed—simply install the appliances! Ideally located just moments from Route 1, this property benefits from convenient access to shopping, dining, healthcare, schools, and Delaware’s beach destinations, making it highly attractive to future tenants and investors alike. Beyond its immediate income potential, this offering presents a compelling opportunity for future growth. Subject to buyer due diligence and all required zoning, municipal approvals, the property may support the construction of an additional multifamily building on the existing parcel, providing the potential to significantly expand rental inventory and maximize long-term returns. Buyer to do due diligence regarding square footage of each unit. Whether you’re seeking a stabilized income-producing asset, a strategic addition to an investment portfolio, or a property with future development potential, this is a distinctive opportunity to invest in the continued growth and revitalization of Milford. Schedule your private tour today and discover the possibilities this exceptional property has to offer.
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Exterior Features

  • Style Unit/Flat
  • Construction Single Family
  • Siding Vinyl Siding
  • Garage No
  • Water Public
  • Sewer Public Septic, Public Sewer

Interior Features

  • Heating 90% Forced Air
  • Cooling Central A/C
  • Living Area 4,400 SQFT
  • Year Built 1965

Neighborhood & Schools

  • Subdivision NONE AVAILABLE

Financial Information

  • Zoning RESIDENTIAL

Additional Services

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Listing Information

Listing Provided Courtesy of Compass - (302) 273-4998
© Bright MLS. All rights reserved. Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.
Listing data is current as of 07/27/2026.

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