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Katie Moore

[email protected] +1(443) 623-7887

Listed by Chris Cohan • RE/MAX Horizons

$ 499,000

Est. payment -/mo

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Price Dropped by $6K

119 FEDERAL ST Milton, DE 19968

4 Beds

3 Baths

3,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $166

Subdivision None Available

MLS Listing ID DESU2115428

Style Farmhouse/National Folk

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 3,000

Year Built 1900

Available Date 2026-07-24

Annual Tax Amount $1,450

Tax Year 2025

Lot Size 10,019 Sqft

Acres 0.23

Property Sub-Type Detached

Source BRIGHT

Property Description

Potential-Packed Early 20th Century Home with Attractive Historic Preservation Incentives! Nestled on a well-maintained corner lot steps from restaurants, cafés, and pubs, this 4BR/2.5BA, 3,000SQFT residence presents unique opportunities for entrepreneurial homebuyers and/or seasoned investors. Qualifying for both The Historic Preservation Tax Credit Program and The Delaware Preservation Fund, the incentives are rich with possibilities for the creative and business-minded spirit. If the new owners desire, the property is also conveniently zoned for light commercial or business operations on the main ground level, while the upper-level serves as the residential living retreat.
Bursting with folk Victorian cottage vibes and built in 1900, the property welcomes with an inviting covered front porch, perfect for rocking chairs with decorative seasonal pillows. Venture indoors to discover a well-loved interior, ready for a modern makeover. Hardwood flooring and the built-in dining room cabinet add to the refined character of the home. Explore further to discover an eat-in kitchen, large living room, flex room, powder room, cozy nooks, and a workshop.
Fashioned for comfortable living, the upper-level boasts a spacious primary bedroom, three guest bedrooms, and two full bathrooms. As an exciting bonus, the attic has both an unfinished area and a finished, approximately 13' X 24' bonus room for flex space use.
Finally, the 28'3” X 14'10” unfinished basement affords a plethora of possibilities for lifestyle-specific needs and storage.
Additional considerations and information include a covered side porch, storage shed, multiple ceiling fans, fenced backyard, commercial listing number (DESU2116968), only 0.6-miles from Milton Elementary School, close to several parks, Route 1, trails, shopping, and Milton Theatre, quick 13+mile drive from multiple beaches, and more!
Become the newest resident of one of Sussex County's most dearly loved towns, and schedule your exclusive tour today!

Location

State DE

County Sussex

Area Broadkill Hundred (31003)

Zoning TOWN CENTER

Rooms

Basement Interior Access

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source Electric

Exterior

Water Access N

Roof Type Pitched

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Permanent

Above Ground Finished SqFt 3000

Sewer Public Sewer

Water Public

Architectural Style Farmhouse/National Folk

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cape Henlopen

Others

Senior Community No

Tax ID 235-20.07-90.00

Ownership Fee Simple

SqFt Source 3000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Katie Moore

Advisor License ID: 667359

+1(443) 623-7887

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