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.

    Source: BRIGHT MLS, MLS#: DESU2103992

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    • Property Type
      Residential
    • Lot
      0.20 acres

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    Patty Lewis-Jenkins

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    • Median Age
      57
    • Population Density
      322
    • College Educated
      44%
    • Estimated Median Income
      $67,257
    • Estimated Total Home Owners
      3,546
    • Estimated Total Renters
      653
    • Owner / Renter Divide
      84% / 16%
    • Estimated Average Household Size
      2
    • Total Population
      9,336
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

    $
    $ %
    %
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    Life at 62 W CHURCH STREET


    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of Coldwell Banker Premier - Lewes- MLS# DESU2103992MLS ProviderContact Information: 3026452881

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