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sales rep | Brivity IDX

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211 & 213 N Walnut St , Milford, DE 19963
$1,500,000
Est. Payment: $8,203.21/mo
4928 Sqft
0.45 Acres
Status: active | Days on site: 170
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House Description

The Ultimate Investment Opportunity: The Blair Apartments Portfolio This isn't just another listing; this is a strategic acquisition designed for immediate performance and long-term wealth preservation. The Blair Apartments represent a rare "turn-key" scenario in the heart of Milford, offering the perfect trifecta of stability, quality, and untapped upside. ### Why This Is the Deal of the Century: • Rock-Solid Compliance & Quality: Skip the "investor headaches." Both buildings and all 10 units have recently passed full City of Milford inspections. Combined with meticulous maintenance by the current owners and recent remodels across most units, your capital is protected from day one. • Built-In "Value-Add" Potential: The most lucrative investments have room to grow. With rents currently positioned just below market rates to attract premium, long-term tenants, a new owner has a clear and immediate path to increased NOI and forced appreciation. • Operational Efficiency: Forget the mess of shared utilities. With separately metered water, your overhead is minimized, and your tenants take ownership of their usage. • Prime Urban Logistics: Located in the dead center of the City of Milford, these buildings sit on a large private parking lot—a high-value amenity that ensures tenant retention and commands premium interest in a bustling city center. The Verdict: Properties maintained to this standard with a clean bill of health from the city rarely hit the market with built-in rent upside. Whether you are looking to 1031 exchange or expand your local footprint, the Blair Apartments are a fortress for your capital. Don't let the "Deal of the Century" pass you by—this portfolio is primed for its next chapter.

Highlights

Listed by Albert C Leskovar Jr. , 3024230276 Myers Realty , 3026744255. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.45

Year Built

2004

County

Kent

Area

Milford (30805)

School District

Milford

Listing ID

DEKT2047138

Questions about this listing?

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Interior Features

Air Cond:Heat Pump(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:0.45 x 0.00
Garage Capacity:25
Zoning:R2
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$8,203
Taxes
$205

Home Price

$1,500,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,203.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,203.21 $204.50 $0.00 $8,407.71
Yearly $98,438.58 $2,454.00 $0.00 $100,892.58
Total $2,953,157.33 $73,620.00 $0.00 $3,026,777.33
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Milford, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS