Fully Occupied 4-Unit Multifamily Property in the Heart of Margaretville A rare Village investment opportunity, well-maintained apartment building offers dependable income and long-term potential. Located in the Town of Middletown, Delaware Countywhere quality housing options remain limitedthis property is ideally positioned to benefit from sustained rental demand. Location Highlights: Prime in-village location, walking distance to school, shopping, restaurants, and other amenities On-site parking for all tenants, with additional municipal parking just half a block away Coin-operated laundry on site provides supplemental income Garbage removal included, water included Property Features & Improvements: Longstanding ownership since 2009, with major upgrades completed by both current and prior owners Updates include: roof replacement, new windows, and upgraded electric systems (all apartments equipped with 100-amp electric meters) High-speed internet, cable TV, and phone service available to all units Apartment Breakdown: Unit #1 Studio (First Floor) Private entry via shared covered front porch 1 bathroom with shower stall Electric heat, electric hot water, and electric cooking stove Tenant pays all utilities Unit #2 2 Bedroom (Second Floor) Entry via central staircase from shared covered front porch Living room, full bath with tub/shower combination, and kitchen with electric stove Heat (oil hot water baseboard) included in rent; tenant pays electric Access to high-speed internet and cable Unit #3 1 Bedroom (First Floor) Kitchen/living room combo with electric stove 1 bathroom with shower stall Electric baseboard heat; tenant pays all utilities Entry from shared covered front porch Unit #4 2 Bedroom / 1.5 Bath (Two Story Layout) Private covered side entry with enclosed porch and patio area Eat-in kitchen, living room, half bath on the first floor Two bedrooms and full bath upstairs Heat (oil hot water baseboard) included in rent; tenant pays electric This property reflects pride of ownership, with consistent occupancy throughout the years. Looking to add to your portfolio?

This is an Pending listing.

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