62 W Church St, Selbyville, DE 19975

$799,900
2,500
SqFt

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List Price
$799,900
Days on Market
199
Status
ACTIVE
MLS#
DESU2102302
Living Area
2,500
Lot Size (Acres)
0.2
Year Built
1998
County
Sussex

Property Description

Investor Alert – Rare Quadplex Opportunity! Rarely available quadplex offering exceptional income potential with current year-round rents ranging from $1,200–$1,350 per unit and the opportunity for future rental growth as leases turn over and rates are adjusted to current market conditions. This is a prime opportunity for investors seeking strong cash flow, low operating costs, and a true turn-key portfolio addition. The property has been extensively renovated with all major systems upgraded recently, including a new foundation, all-new plumbing and electrical, sprinkler system, and full alarm system. The roof was replaced within the last five years, providing long-term durability and reduced maintenance. The building is on public water and sewer, keeping ownership simple and operating costs predictable. Each unit has been renovated inside and out, featuring fresh paint, updated flooring, modern appliances, and refreshed finishes throughout. Dedicated parking for each unit enhances tenant convenience and long-term rentability—an increasingly rare feature for multi-unit properties. Garage and Shed also come with the property. With low ongoing expenses, modern systems, and strong projected rents, this quadplex offers an easy, low-maintenance portfolio addition in a high-demand rental market. Rare multi-family opportunities like this don’t come often—schedule your showing today.

Additional Information

Area
Baltimore Hundred (31001)
Annual Tax Amount
$749
Ownership Interest
Fee Simple
Stories
2
Interior Features
Additional Stairway, 2nd Kitchen, Efficiency, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchenette, Recessed Lighting
Flooring
Carpet, Vinyl
Exterior Features
Sidewalks
View
City
Heating
Baseboard - Electric, Wall Unit
Cooling
Window Unit(s)
Roof
Shingle, Asphalt
Utilities
Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Premier - Lewes. Contact: 3026452881