KIM BOWDEN

Description

Welcome to 804 & 806 Moore St, in Seaford DE. This fully renovated duplex is the perfect opportunity for any investor looking for instant cash flow or any family looking for convenience. You are not going to want to miss this! Each unit offers 3 spacious bedrooms and 1 full bath. This meticulously updated property boasts a brand-new roof, kitchen, bathrooms, flooring, windows, electrical, carpet, framing, drywall, and fresh paint throughout, ensuring a turn-key experience for its new owner & move-in ready the day of settlement. Each unit features exquisite finishes, including quartz countertops, white cabinetry, and stainless steel appliances, elevating the aesthetic and functionality of the space. Say goodbye to hot water worries. One of the units is equipped with a tankless water heater, providing unlimited hot water on demand. In each unit, you have 1 bedroom on the main level and 2 large bedrooms upstairs, which include fresh paint, new carpet, large closets, plenty of outlets, and new ceiling fans. Upstairs you will also find the completely remodeled bathroom. Both units offer the convenience of an unfinished basement with washer and dryer hookups, as well as covered back porches and private and marked sheds for storing lawn equipment, bikes, and more. This home also has new electrical wiring, new siding on the back, new sliding doors, and new plumbing. Everything has been taken care of, leaving you with stress-free living. This is perfect for those looking to expand their rental portfolio, this property has a track record of steady cash flow with an estimated $3,500 per month, totaling $42,000 annually with a complete ROI in less than 10 years. Remarkably, this gem is priced under $400,000, offering undeniable value compared to neighboring properties and recents comps. Looking for a home that is going to appreciate tremendously over the next 5-10 years? Well, look no further! Governor Carney just announced the $6 Million Economic Development Project in Seaford, which will provide Public Wi-Fi, higher education hubs that focus on workforce development training and courses, medical facilities, an early learning center, and co-working space for stand-up companies! Notably, the duplex next door recently sold for $350,000 without any updates, no central air, requiring additional expenses for roof replacement and fence installation. Unlike its counterpart, this duplex boasts all the above! Don't miss this opportunity to secure a lucrative investment in a thriving location. You're within walking distance of Blades Elementary School, the Blades Volunteer Fire Company, and Blades Park. You're minutes away from museums, cafes, gas stations, restaurants, and major highways. You name it and it's either here or on its way! Seize the chance to own a renovated duplex primed for success. Schedule your viewing today and make this property your next savvy investment!

Features