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sales rep | Brivity IDX

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62 W Church St , Selbyville, DE 19975
$799,900
Est. Payment: $4,374.50/mo
4 Bed
2500 Sqft
0.2 Acres
Status: active | Days on site: 295
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CBPR9 - 3258597
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House 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.

Highlights

Listed by Julie Gritton , 3026451111 Coldwell Banker Premier - Lewes , 3026452881. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

1998

County

Sussex

Area

Baltimore Hundred (31001)

School District

Indian River

Listing ID

DESU2102302

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Appliances:Oven/Range - Electric, Washer/Dryer Hookups Only, Water Heater
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:2500
Other:
  • ▪ Additional:Additional Stairway, 2nd Kitchen, Efficiency, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchenette, Recessed Lighting
Water:Public

Exterior Features

Lot:Cleared,Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:40.00 x 220.00
Garage Capacity:6
Zoning:TN
Roof:Shingle,Asphalt
Others:
  • ▪ Additional:Sidewalks, Excellent
Sewer:Public Sewer
Parking Features:Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$4,375
Taxes
$62

Home Price

$799,900

Loan Details

30 yrs
7.271%

Down Payment

20%
$159,980
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:
$4,374.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,374.50 $62.42 $0.00 $4,436.92
Yearly $52,494.01 $749.00 $0.00 $53,243.01
Total $1,574,820.36 $22,470.00 $0.00 $1,597,290.36
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Selbyville, 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: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS