300 UNION CHURCH ROAD
TOWNSEND , DE 19734
MLS#: DENC2068878
$2,200,000
Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1900
Sq.Footage
2,175
Up for sale is the Twin Oaks Farm in Townsend, DE for $2.2m. The farm is 187 +/- acres at 300 Union Church Rd. Townsend, DE 19734. The scenic land borders Blackbird Creek to the south and a small piece of Rt 1 to the west. The convenient location is 5 miles to Middletown, 24 miles to Wilmington, and 45 miles west to the Bay Bridge or North to Philadelphia. The farmhouse was constructed in 1900 and was recently renovated. The kitchen still needs completing. The property has a 7-acre pond, fencing, barns, and privacy. A 7,000sqft barn is in the process of being converted to a second residence, rental housing for added income, or an amazing entertainment venue. A 40 +/- acre solar lease is pending on the property for added income with significant upside for an investor. Pro forma cap rate on potential residential leasing, the farm lease in place, and the future solar field is estimated at 8.5. Sellers are asking for cash-buyers only. Property will be sold in “As-is” condition with no warranty express or implied. All showings must be scheduled in advance.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Above Grade Finished Area
2175.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Other
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
186.9
-
Property Type
Farm
-
Property Sub Type
Farm
Price
-
Sales Price
$2,200,000
-
Tax Amount
$1,877
-
Sq. Footage
2, 175
-
Price/SqFt
$1,011
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
159
-
Water Source
Well
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Location
County
NEW CASTLE
Elementary School
Middle School
High School
Listing Courtesy of Jeffrey Spiegelman , The Moving Experience Delaware Inc.
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AGENT
Rosie Dove
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