5
Beds
2
Baths
0
Sqft
19,166
Sqft lot
0.44
Acre lot
Status:
Active Under Contract
Property Type:
Single Family Residential
Year Built:
1950
Neighborhood:
Indian River Hundred
Days on Website:
54
Waterfront Investment Opportunity in Millsboro, DE - Two Homes, Endless Potential! Don't miss this rare chance to own a waterfront property on the Indian River, a large parcel of 0.44 acre with 80 feet of direct water frontage in beautiful Millsboro, Delaware. This unique property features two separate houses, each with its own postal address, offering incredible flexibility for investors, vacationers, or those seeking multi-family living. The first home offers 3 bedrooms and 1 bathroom, and the second home offers 2 bedrooms and 1 bathroom. Both homes have been well maintained by the current owners for over 40 years, they put a new roof for the 2 bedroom house, and it has a partial basement that can be finished by the new owners, with some cosmetic updates and remodeling, you can turn it into your personal waterfront PARADISE!!! The potential here is amazing, whether you choose to live in one home and rent or Airbnb the other, or rent out both for steady income, , It can be also a great flip, updated houses nearby sell for over $500,000 and up to $800,000. Property will be conveyed in AS-IS condition, giving you the freedom to renovate to your taste. Buyers are responsible for their own due diligence regarding any potential subdivision or redevelopment. Opportunities like this don't come along often - schedule your showing today before this unique waterfront gem is gone!