One of the shows I enjoy on HGTV is Income Property. A recurring theme is to buy a property where you can live in one unit and rent the other. The rental income helps to pay your mortgage while you are building equity. In Coastal Delaware, that is not an easy type of property to find but we have one in the heart of Historic Milton, Delaware.
Located at 308 Chestnut Street, this Victorian home has a first floor apartment and a second floor apartment with a separate entrance. Listed for $275,000, you could live in one and rent the other unit or rent both.
Only a few blocks from Irish Eyes, the Broadkill River and Milton Memorial Park where Summer Concerts begin in May. Historic Milton is a charming town that is also home to Dogfish Head Craft Brewery, one of the fastest growing craft brewers.
Milton is only 15 – 20 minutes to the Coastal towns of Lewes and Rehoboth Beach but far enough away to avoid the traffic on summer weekends.