62 W Church St, Selbyville, DE 19975
Local realty services provided by:Better Homes and Gardens Real Estate Premier
Listed by: julie gritton
Office: coldwell banker premier - lewes
MLS#:DESU2102302
Source:BRIGHTMLS
Price summary
- Price:$799,900
- Price per sq. ft.:$319.96
About this home
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....
Contact an agent
Home facts
- Year built:1998
- Listing ID #:DESU2102302
- Added:273 day(s) ago
- Updated:October 08, 2026 at 01:37 PM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Vinyl
- Kitchen Description:2nd Kitchen, Kitchenette, Oven/Range - Electric, Recessed Lighting, Water Heater
- Living area:2,500 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Electric, Wall Unit
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1998
- Building area:2,500 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Cleared
- Architectural Style:Traditional
- Construction Materials:Block, Frame
- Exterior Features:Sidewalks
- Foundation Description:Block, Crawl Space
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,900
- Price per sq. ft.:$319.96
- Tax amount:$749 (2025)
Features and amenities
- Amenities:Cable TV Available, Efficiency, Electric Available, Phone Available, Recessed Lighting, Smoke Detector, Sprinkler System - Indoor
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