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sales rep | Brivity IDX

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102 Federal St , Milton, DE 19968
$1,495,000
Est. Payment: $8,175.87/mo
3200 Sqft
0.16 Acres
Status: active | Days on site: 120
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House Description

An exceptional mixed-use investment opportunity in the heart of Historic Downtown Milton. This well-maintained income-producing property features five leasable units, offering a diverse and stable revenue stream with three residential apartments and two commercial spaces. The residential component includes one spacious 3-bedroom apartment and two well-appointed 2-bedroom apartments, providing highly desirable rental options in one of Sussex County's most charming downtown communities. The commercial spaces include a restaurant tenant and a basement for storage, along with an additional leased commercial space, creating excellent tenant diversification and long-term investment appeal. Ideally situated on Federal Street, the property enjoys outstanding visibility, walkability, and convenient access to Milton's thriving restaurants, breweries, specialty shops, parks, and year-round community events. Historic Milton continues to experience strong demand from both residents and businesses while remaining just a short drive from the Delaware beaches, making this a compelling opportunity for investors seeking consistent cash flow and value. Whether you're expanding your investment portfolio or acquiring a signature mixed-use property in a growing downtown market, 102 Federal Street offers the rare combination of residential stability, commercial income, and an unbeatable location in one of coastal Delaware's most desirable small towns.

Highlights

Listed by Lee Ann Wilkinson , 3026456664 and Turner Hastings , 3026456664 Berkshire Hathaway HomeServices PenFed Realty , 3026456661. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1910

County

Sussex

Area

Broadkill Hundred (31003)

School District

Cape Henlopen

Listing ID

DESU2115220

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Interior Features

Appliances:See Remarks
Air Cond:Central A/C
Fireplaces:
Floor:Luxury Vinyl Plank
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:60.24 x 119.18 x 54.95 x 55.93 x 52.74
Garage Capacity:8
Zoning:Commercial
Roof:Cool/White
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$8,176
Taxes
$227

Home Price

$1,495,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$299,000
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:
$8,175.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,175.87 $227.42 $0.00 $8,403.29
Yearly $98,110.45 $2,729.00 $0.00 $100,839.45
Total $2,943,313.47 $81,870.00 $0.00 $3,025,183.47
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Milton, 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