# 102 FEDERAL Street, Milton, DE 19968

> **TL;DR:** other, $1,495,000, built 1910.
> A/C. Est. $7,996/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,495,000 |
| Year Built | 1910 |
| Lot Size | 7,009 sqft (0.16 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,560 |
| Estimated Insurance | $436 |
| **Total** | **$7,996** |

## Nearby Schools

- **High:** CAPE HENLOPEN

## Key Amenities

- A/C

## Property Highlights

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

## Description

### Agent 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.

## Location

- **Address:** 102 FEDERAL Street, Milton, DE 19968
- **County:** SUSSEX
- **Coordinates:** 38.77743837, -75.31051158
- **Google Maps:** https://www.google.com/maps?q=38.77743837,-75.31051158

## Listing Agent

- **Name:** Lee Ann Wilkinson
- **Brokerage:** Berkshire Hathaway HomeServices PenFed Realty
- **Phone:** 3026456664

## Primary Photo

![102 FEDERAL Street - Primary Photo](http://lh.rdcpix.com/2e54f8dfd9c36c8659048ef9abbdbf2dl-f1730119298r.jpg)

*57 total photos available on [listing page](https://www.propertysimple.ai/listing/102-federal-street-milton-de-19968-u2115220)*

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**MLS#:** DESU2115220 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/102-federal-street-milton-de-19968-u2115220)

---

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