229 N FRONT ST Seaford, DE 19973
UPDATED:
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $196
Subdivision Seaford
MLS Listing ID DESU2118264
Style Craftsman
Abv Grd Liv Area 1,350
Year Built 1972
Available Date 2026-08-27
Annual Tax Amount $1,498
Tax Year 2026
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60.00 x 130.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
The first unit features 4 bedrooms and 2 baths and is currently occupied, generating $1,750 per month in rental income, which is below potential market rent. The second unit is a 3-bedroom, 1-bath residence that is currently vacant and offers significant upside for an investor.
Renovations to the second unit have already been started, including drywall and some electrical work, but additional work is still needed to complete the renovation and prepare the unit for occupancy. Once completed, the second unit provides an opportunity to add another income-producing rental and significantly increase the property's overall cash flow.
Both units are equipped with central air conditioning and tankless hot water heaters, adding comfort and efficiency for tenants.
With one unit already producing rental income and the second unit offering a value-add renovation opportunity, this property presents an attractive cash-flow and equity-building investment. Its location within Seaford's Downtown Development District may also provide access to incentives for qualifying property improvements and revitalization.
Whether you are looking to expand your rental portfolio or take on a value-add investment, this property offers 7 bedrooms, 3 baths, two separate living units, existing rental income, and substantial upside once the second unit is completed. Buyers should verify eligibility, availability, and requirements for all Downtown Development District incentives directly with the appropriate authorities
Location
State DE
County Sussex
Area Seaford Hundred (31013)
Zoning TN
Rooms
Basement Full, Unfinished
Interior
Hot Water Electric, Tankless
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Architectural Shingle
Accessibility None
Total Parking Spaces 2
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 1350
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Seaford
Others
Tax ID 431-05.00-100.00
Ownership Fee Simple
SqFt Source 1350
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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