348 SAVANNAH ROAD, Lewes, DE 19958

$1,500,000 Asking Price

7 beds
5 baths
Built in 1900

PRIME LOCATION WITH INVESTMENT OPPORTUNITY! Large detached home that contains 5 separate rental units. Each unit has separate electric meters, town water & sewer. All units have stove , refrigerators, washers & dryers. Three of the units also contain dishwashers. All units are rented. All have town rental licenses. Property is located in downtown Lewes near restaurants, shops, medical facilities and beaches. Just a short drive to Cape Henlopen State Park where you can enjoy even more of what Lewes has to offer! Sit on the front porch and enjoy all the sights and sounds. Parking in rear of home allows for 4+ cars along with rear entry into units. Lots of potential with his home. Call us today for your private tour!


Features & Amenities

Interior

General:
Kitchen - Eat-In,Primary Bath(s),Tub Shower
Appliances:
Oven/Range - Electric,Refrigerator,Water Heater,Washer,Dryer,Dishwasher
Laundry:
Dryer In Unit,Washer In Unit
A/C:
Window Unit(s)
Heating:
Y, Baseboard - Electric, Electric
Disability Feature:
None

Exterior

General:
Exterior Lighting, Above Grade,Below Grade
Style:
Converted Dwelling
Parking:
Paved Parking

Construction

General:
Copper Plumbing,Frame, 4, Crawl Space

Location

HOA Amenities:
None
Originating MLS:
BRIGHT_MAIN
School District:
CAPE HENLOPEN
County:
SUSSEX

Lot

Zoning:
TN, 335-08.11-52.00
Current Use:
RS

Utilities

Utilities:
Circuit Breakers
Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Coldwell Banker Premier - Lewes, Julie Gritton

About Lewes, DE

Housing

Number of Units
18,251
Median Home Value
$374,057
Median Rent
$987

15.65% of housing units are renter occupied.

27.61% are vacant.

Commute

Car
64.49%
Public Transportation
0.42%
Walk to Work
1.29%
Work from Home
32.89%
Other
0.57%

The median travel time to work is 18 minutes.

People

Population
27,686
Median Age
59.80
Median Household Size
2.36

Education

High School
20.94%
Associate’s Degree
11.92%
Bachelor’s Degree
23.79%
Graduate Degree
21.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: