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803 E State St, Delmar, DE, 19940

4beds
3baths
2,560sqft
$339,900
$133price/sqft
$2,297/moest. monthly cost
$91,880/yrincome needed

About This Home

Fantastic income-producing opportunity! This well-maintained triplex is fully rented and offers a strong rental history. The property features three units—one with 2 bedrooms and 1 full bath, and two additional units each offering 1 bedroom and 1 bath. Tenants enjoy off-street parking for up to 4 vehicles and a convenient storage shed in the rear yard. Recent updates include new appliances and replaced systems such as the boiler, hot water heater, sump, and heat pumps, providing peace of mind and reduced maintenance costs. Ideally located close to downtown and within a short distance of local schools, this is an excellent turnkey investment property! Mortgage savings may be available for buyers of this listing.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
Delmar Middle SchoolGrades PK,5-80.1 mi
5/10
Delmar High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: Shingle Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cape Cod
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 2,560 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 53220.15114.00
  • Zoning: RES
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 10,019 sqft
  • Lot size dimensions: 59.00 x 172.00

Parking

  • Total spaces: 4
  • Parking features: Off Street