211 & 213 N WALNUT ST, Milford, DE 19963
211 & 213 N WALNUT ST, Milford, DE 19963
211 & 213 N WALNUT ST, Milford, DE 19963
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Al Leskovar • Myers Realty
$1,500,000
Est. payment /mo
0.45 Acres Lot
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2047138

Year Built 2004

Annual Tax Amount $2,454

Tax Year 2025

Lot Size 0.448 Acres

Acres 0.45

Lot Dimensions 0.45 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

The Ultimate Investment Opportunity: The Blair Apartments Portfolio
This isn't just another listing; this is a strategic acquisition designed for immediate performance and long-term wealth preservation. The Blair Apartments represent a rare "turn-key" scenario in the heart of Milford, offering the perfect trifecta of stability, quality, and untapped upside.
### Why This Is the Deal of the Century:
• Rock-Solid Compliance & Quality: Skip the "investor headaches." Both buildings and all 10 units have recently passed full City of Milford inspections. Combined with meticulous maintenance by the current owners and recent remodels across most units, your capital is protected from day one.
• Built-In "Value-Add" Potential: The most lucrative investments have room to grow. With rents currently positioned just below market rates to attract premium, long-term tenants, a new owner has a clear and immediate path to increased NOI and forced appreciation.
• Operational Efficiency: Forget the mess of shared utilities. With separately metered water, your overhead is minimized, and your tenants take ownership of their usage.
• Prime Urban Logistics: Located in the dead center of the City of Milford, these buildings sit on a large private parking lot—a high-value amenity that ensures tenant retention and commands premium interest in a bustling city center.
The Verdict: Properties maintained to this standard with a clean bill of health from the city rarely hit the market with built-in rent upside. Whether you are looking to 1031 exchange or expand your local footprint, the Blair Apartments are a fortress for your capital.
Don't let the "Deal of the Century" pass you by—this portfolio is primed for its next chapter.

Location

State DE

County Kent

Area Milford (30805)

Zoning R2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 25.0

Water Access N

Accessibility None

Total Parking Spaces 25

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Milford

Others

Tax ID MD-16-18310-03-1100-000

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

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Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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211 & 213 N WALNUT ST

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