$239,900 121 Ellis Street Millsboro, DE

MLS: 722024   Type: Land   County: Sussex   City: Millsboro   Area: Dagsboro Hundred   Zip: 19966   Style: Residential     Taxes: $2,312

Mortgage $1,126 /mo



Half Baths

Sqr Footage









Just over 2 acres in-town Millsboro currently zoned Medium Residential! Property has potential for 6-7 building lots with a minimum lot size of 7,500 sq. ft. Current land lease on property has Initial term of 5 years (2017-2021) with quarterly rent of $5,400. Tenants then have 2 successive 5 year options with a 3% increase in rent each option term.

Elementary School

Middle School

High School

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Price History

8/17/2017 Listed $239,900

Area 2.23
Association Fee 0
Fee Simple? Yes
Listing Sub Type N/A
Property Sub Type Lots and Land
Property Type Lots and Land
Section Between Rt. 1 & 113
Type Residential

Interior Features

Water Available Public Water Hkup Avail

Exterior Features

Crops Conveyance Yn No
Lot Size 186x314x321x343
Lot Size Area 2.23
Lot Size Unit Acres
Lot Sq Ft 97139
Private Sewer On Site Unknown
Road Access City
Road Frontage 664
Water Public Central Water
Water View None
Waterfront None

Property Schools

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Property vs Zip Code Avg (19966)

Price 239K Avg 269K

Taxes $2,312 Avg $180

Acres 2.23 Avg 3.32

Visits 1 Avg 130

Days on Site 39 Avg 1,180

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Location & Address

RE/MAX Associates
16392 Coastal Highway
Lewes , DE