229 N Front Street

INVESTOR OPPORTUNITY IN DOWNTOWN SEAFORD! This duplex offers an excellent opportunity to own an income-producing property in the City of Seafords Downtown Development District, where incentives may currently be available for qualifying improvements made to the property. The first unit is a 4-bedroom, 1-bath residence that is currently occupied and rented for $1,750 per month, which is below potential market rent. This provides an investor with immediate rental income and potential for increased cash flow over time. The second unit is a 3-bedroom, 1-bath residence that is currently vacant and offers significant upside. Renovations have already been started, including drywall and some electrical work, but the unit still requires additional renovation and completion before it can be occupied. Once completed, this unit provides an opportunity to add another income-producing rental to the property. With one unit already generating income and a second unit ready for an investor to complete and lease, this property offers the potential for increased cash flow, value appreciation, and portfolio growth. Its location within Seafords Downtown Development District may also provide access to incentives designed to encourage improvements and revitalization. Whether you are an experienced investor or looking for your next value-add project, this duplex presents an opportunity to build equity, increase rental income, and take advantage of the continued revitalization of Downtown Seaford. Buyers should verify eligibility, availability, and requirements for all Downtown Development District incentives directly with the appropriate authorities.