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348 Savannah Road Lewes, DE $ 1,500,000
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$ 1,500,000 Get more info
348 Savannah Road
$ 1,500,000
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Share Save

348 Savannah Road

Lewes, DE, 19958
$ 1,500,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 9,969

348 Savannah Road, Lewes, DE 19958 - Image 1
348 Savannah Road, Lewes, DE 19958 - Image 2
348 Savannah Road, Lewes, DE 19958 - Image 3
348 Savannah Road, Lewes, DE 19958 - Image 4
348 Savannah Road, Lewes, DE 19958 - Image 5
348 Savannah Road, Lewes, DE 19958 - Image 6
348 Savannah Road, Lewes, DE 19958 - Image 7
348 Savannah Road, Lewes, DE 19958 - Image 8
348 Savannah Road, Lewes, DE 19958 - Image 9
348 Savannah Road, Lewes, DE 19958 - Image 10

Multi-Family Home for sale in Lewes, DE

for $1,500,000 with 5 bedrooms. This home was built in 1900 on a lot size of 0.09.

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!

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,062

Style

Converted Dwelling,Victorian

Lot Size

0.09

Year Built

1900

Town/City

Lewes

County/Region

Sussex

MLS | Web ID

DESU2041096
Features
General
Interior Features Kitchen - Eat-In Primary Bath(s) Tub Shower
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Utilities Sewer Available Water Available Electric Available Cable TV Available
Possession Settlement
Roof Shingle
Appliances Oven/Range - Electric Refrigerator Water Heater Washer Dryer Dishwasher
Exterior Features Exterior Lighting
Zoning TN
Architectural Style Converted Dwelling Victorian
Construction Materials Copper Plumbing Frame
Year Built 1900
Electric Circuit Breakers
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County SUSSEX
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Go into town of Lewes just past Beebe Hospital. Property is on left side of road near 4th street.
City LEWES
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - Federal
Total Units 4
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 3920.00
Waterfront Y/N N
Street Name SAVANNAH
Tax Annual Amount 1062.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Detached
Acceptable Financing Cash Conventional
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 316
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Tax Lot LEWES
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 4
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Street Suffix ROAD
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Paved Parking
Lot Features Cleared Rear Yard
Water Source Public
Type of Parking Off Street Other
Foundation Details Crawl Space
Water View Y/N N
Lot Dimensions 45.00 x 96.00
Lot Size Acres 0.09
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 348
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* Excluded Features
List By
Coldwell Banker Premier - Lewes

Broker

juliegritton@cbanker.com

Email

Affordability Calculator

$10,058
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2314408 Elementary School
2314409 Middle School
Cape Henlopen High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/15/2023$1,500,000 Listed Price

Map

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348 Savannah Road, Lewes, DE, 19958 is a Multi-Family Home for sale at $1,500,000 with a lot size of 0.09. 348 Savannah Road has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19958 which is in Lewes, DE

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