Sold for $198,000
$198,000
2283 Burnite Mill Rd, Felton, DE 19943
3beds
1,056sqft
Single Family Residence
Built in 1999
0.57 Acres Lot
$274,500 Zestimate®
$188/sqft
$1,715 Estimated rent
Home value
$274,500
$255,000 - $294,000
$1,715/mo
Zestimate® history
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Owner options
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What's special
Exceptional Investment Opportunity: Two Rental Units in Felton, DE! Unlock the potential of this outstanding investment property with tenants in place. This offering includes two income-producing rental units on a spacious lot, perfectly positioned in a sought-after area of Felton. Property Highlights: Dual Units: Two separate rental units offering diversified income streams. Steady Rental Income: Both units are currently tenant-occupied, providing immediate cash flow. Unit 1 is rented at $800/month, and unit 2 rented at $1,500/month. Prime Location: Nestled in a desirable part of Felton, minutes from local amenities, major highways, and schools. Generous Lot Size: Plenty of outdoor space with potential for additional improvements or amenities to further boost rental value. Low-Maintenance Living: Updated systems and minimal upkeep make this a hassle-free investment. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a turnkey opportunity, this property offers endless possibilities. With a strong rental history and increasing demand for rental properties in the area, this is your chance to secure a profitable asset in a growing market.
Zillow last checked: 8 hours ago
Listing updated: February 07, 2025 at 07:53am
Listed by:
Tyler Nicholls 302-423-1848,
The Parker Group
Bought with:
Monica Leblanc
Diamond State Cooperative LLC
Source: Bright MLS,MLS#: DEKT2034134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Other, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Breakfast Area
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.57 Acres
- Dimensions: 131.99 x 374.06
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: SM0014500013700000
- Zoning: AR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
Community & neighborhood
Location
- Region: Felton
- Subdivision: None Available
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $198,000-10%$188/sqft |
Source: | ||
| 1/21/2025 | Pending sale | $219,900$208/sqft |
Source: | ||
| 1/3/2025 | Listed for sale | $219,900+331.2%$208/sqft |
Source: | ||
| 1/19/2018 | Sold | $51,000-49%$48/sqft |
Source: Public Record Report a problem | ||
| 7/13/2017 | Listing removed | $100,000$95/sqft |
Source: EXP Realty #6945778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $773 +57.2% | $214,900 +933.2% |
| 2023 | $491 +11.9% | $20,800 |
| 2022 | $439 +5.8% | $20,800 |
Find assessor info on the county website
Neighborhood: 19943
Nearby schools
GreatSchools rating
- 9/10Lake Forest North Elementary SchoolGrades: K-3Distance: 7.4 mi
- 3/10Chipman (W.T.) Middle SchoolGrades: 6-8Distance: 6.8 mi
- 5/10Lake Forest High SchoolGrades: 9-12Distance: 8 mi
Schools provided by the listing agent
- High: Lake Forest
- District: Lake Forest
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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