348 Savannah Road, Lewes, DE 19958-1469 $1,500,000

Beds/Baths: 7/5
Acreage: 0.09
Age:124 years
Style:
Converted Dwelling
MLS#: DESU2012146
Subdivision: None Available
Design/Type:
Detached

Description

PRIME LOCATION WITH INVESTMENT OPPORTUNITY! Large detached home that contains 5 separate rental units. Each unit has separate electric meters, town water & sewer. All units have stove , refrigerators, washers & dryers. Three of the units also contain dishwashers. All units are rented. All have town rental licenses. Property is located in downtown Lewes near restaurants, shops, medical facilities and beaches. Just a short drive to Cape Henlopen State Park where you can enjoy even more of what Lewes has to offer! Sit on the front porch and enjoy all the sights and sounds. Parking in rear of home allows for 4+ cars along with rear entry into units. Lots of potential with his home. Call us today for your private tour!

Taxes: $1,058
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: Seller Concession: Y
Garage: N
Basement: N
Pool: No Pool
School Dist: Cape Henlopen
Elem. School: LewesHigh School: Cape Henlopen
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Baseboard - Electric Heating, Electric, Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer, Circuit Breakers, Dryer In Unit, Washer In Unit

Garage/Parking
Off Street, Other, Paved Parking

Interior
Kitchen - Eat-In, Primary Bath(s)

Exterior
Crawl Space Foundation, Copper Plumbing, Frame Exterior, Exterior Lighting

Lot
Cleared Lot, Rear Yard, Downtown

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (3 schools)

School District Grades Place Distance
Lewes Elementary School Cape Henlopen School District K–5 Lewes 0.36 mi
Sussex Consortium Cape Henlopen School District Preschool–12 Lewes 0.36 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.9 mi

Public Middle (2 schools)

School District Grades Place Distance
Sussex Consortium Cape Henlopen School District Preschool–12 Lewes 0.36 mi
Beacon Middle School Cape Henlopen School District 6–8 Lewes 4.01 mi

Public High (2 schools)

School District Grades Place Distance
Sussex Consortium Cape Henlopen School District Preschool–12 Lewes 0.36 mi
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 1.08 mi

Private (1 schools)

School Grades Place Distance
Bethel Preschool Of Lewes Inc Methodist Preschool–K Lewes 0.07 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Lewes (19958), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 26
  • Average salary of people in this community: $53,642

Community Summary

  • Population Density (ppl / mile): 447
  • Household Size (ppl): 2.14
  • Households w/ Children: 29%

Housing Inventory

  • Owned: 10,182 (57.4%)
  • Rented: 1,946 (11.0%)
  • Vacant: 5,625 (31.7%)
  • Total: 17,753

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 26,235
Households: 12,128
Median Age: 59.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.3%
  • Some High School: 4.3%
  • High School Graduate: 23.9%
  • Some College: 18.2%
  • Associate Degree: 10.4%
  • Bachelor's Degree: 21.6%
  • Graduate Degree: 20.3%

Income by dollar range

Median Income: $73,647

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Two Bedroom: $1,142
  • Three Bedroom: $1,408
  • Four Bedroom: $1,809

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Coldwell Banker Premier - Lewes , (302) 645-2881

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/05/2024.

348 Savannah Road, Lewes, DE 19958-1469

Share on Facebook
Share on X
Pin It
Copy Link
Email It