Milford Harrington Highway, Harrington, DE 19952

$1,450,000
List Price
$1,450,000
Price Change
▼ $149,000 1558390450
Days On Market
253
Status
ACTIVE
MLS#
1002142100
Lot Size (Acres)
18.35
County
Kent
School District
Lake Forest

Property Description

REDUCED OVER $1,000,000 from Appraised value!! Owner says "SELL IT". You can't find something this far along for this price! Appraised for over 2.5 million in May 2018. "Harrington Garden Apartments". Listed below current appraisal and ready to go. Approvals are completed to build 296 apartments in city limits of Harrington, DE. DEL.Dot Approved on 4/6/18 (valid for 3 years), Site plan approved , Rezoned from R-3 (Townhouse Residential) to R-4 (Apartment Zoning) 10/19/17, approval from Kent County Conservation approving Wetlands' 12/27/17 and Fire Marshal approval 4/30/18. All you have to do is get your building plans and architectural drawings approved...City of Harrington is ready to work with a developer and has approved changes to the site plan and engineering. A one of a kind deal right down the street from the Harrington Casino, approx 8 miles from the new Milford Hospital, approx 17 miles from Dover, DE, 20-30 miles to Beaches and right in the heart of Kent and Sussex County. This is ready to go for the developer or buyer who is looking for a deal. Approvals are available upon request for qualified buyers. Buyer must start and finish atleast 25% of storm water management system under Kent County Conservation Approval by 12/31/19.

Additional Information

Area
Lake Forest (30804)
School District
Lake Forest
Elementary School
Lake Forest South
High School
Lake Forest
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXIT Shore Realty.