109 BEDFORD STREET, GEORGETOWN, DE 19947 | MLS #DESU2110168

Perfect investment opportunity barely 500' from the circle in downtown Georgetown. Property is zoned for mixed use but currently has two residential tenants occupying both the top and bottom floor units. The building is in good shape and has undergone many recent updates inside and out. There are a few different options with this property. Leases are annual and will be coming up for renewal soon. This property can be used as a residential duplex or a mixed use property with commercial use on the first floor and residential on the second floor or the property next door, 107 N Bedford, could be purchased along side this one. The two properties can be combined and redeveloped into an apartment complex or a larger commercial building. There is plenty of parking and great roadside exposure to fit any needs.

Source: BRIGHT MLS, MLS#: DESU2110168

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Property Type

Residential
Lot

0.20 acres

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Carla Wilson
Salesperson
Dover
Cell 302-233-1882

Median Age

37
Population Density

167
College Educated

27%
Estimated Median Income

$55,459
Estimated Total Home Owners

4,409
Estimated Total Renters

2,250
Owner / Renter Divide

66% / 34%
Estimated Average Household Size

3
Total Population

20,033
Community data courtesy of LiveBy, Inc.

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Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 109 BEDFORD STREET

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

Listing provided courtesy of Keller Williams Realty Delmarva- MLS# DESU2110168

Contact Information: [email protected] - 4106770909

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Life at 109 BEDFORD STREET

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