About This Home

This 0-bedroom, 0-bathroom other at 102 FEDERAL Street in Milton, DE is listed for $1,495,000. Built in 1910, on a 0.16 acres lot.

Key Features

  • Built in 1910
  • 0.16 acre lot
  • 8 parking spaces

Property Details

8 spaces
1910

Amenities

A/C
Listing Description

An exceptional mixed-use investment opportunity in the heart of Historic Downtown Milton. This well-maintained income-producing property features five leasable units, offering a diverse and stable revenue stream with three residential apartments and two commercial spaces.

The residential component includes one spacious 3-bedroom apartment and two well-appointed 2-bedroom apartments, providing highly desirable rental options in one of Sussex County's most charming downtown communities. The commercial spaces include a restaurant tenant and a basement for storage, along with an additional leased commercial space, creating excellent tenant diversification and long-term investment appeal.

Ideally situated on Federal Street, the property enjoys outstanding visibility, walkability, and convenient access to Milton's thriving restaurants, breweries, specialty shops, parks, and year-round community events. Historic Milton continues to experience strong demand from both residents and businesses while remaining just a short drive from the

Delaware beaches, making this a compelling opportunity for investors seeking consistent cash flow and value. Whether you're expanding your investment portfolio or acquiring a signature mixed-use property in a growing downtown market, 102 Federal Street offers the rare combination of residential stability, commercial income, and an unbeatable location in one of coastal Delaware's most desirable small towns.

Monthly Cost Estimate

$7,996/mo

20% down · 6.5% · 30 years

Principal$1,081
Interest$6,478
Insurance$436

Estimates only. Actual payments may vary.

Location

102 FEDERAL Street

Milton, DE 19968

Property Details

Construction

Brick

Parking

Parking LotOn Street

Heating

Electric (Heating)BaseboardHeat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom other at 102 FEDERAL Street is listed at $1,495,000. The estimated monthly payment is $7,996 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.16 acre lot, 8 parking spaces.

This property is listed by Lee Ann Wilkinson and can be reached at 3026456664.

LW

Lee Ann Wilkinson

Agent at Berkshire Hathaway HomeServices PenFed Realty

(302) 645-6664

Listed by Berkshire Hathaway HomeServices PenFed Realty

MLS# DESU2115220· Source: listhub· 2 days on market

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

102 FEDERAL Street, Milton, DE 19968

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