119 Federal St, Milton, DE 19968

Property Description

Potential-Packed Early 20th Century Home with Attractive Historic Preservation Incentives! Nestled on a well-maintained corner lot steps from restaurants, cafés, and pubs, this 4BR/2.5BA, 3,000SQFT residence presents unique opportunities for entrepreneurial homebuyers and/or seasoned investors. Qualifying for both The Historic Preservation Tax Credit Program and The Delaware Preservation Fund, the incentives are rich with possibilities for the creative and business-minded spirit. If the new owners desire, the property is also conveniently zoned for light commercial or business operations on the main ground level, while the upper-level serves as the residential living retreat. Bursting with folk Victorian cottage vibes and built in 1900, the property welcomes with an inviting covered front porch, perfect for rocking chairs with decorative seasonal pillows. Venture indoors to discover a well-loved interior, ready for a modern makeover. Hardwood flooring and the built-in dining room cabinet add to the refined character of the home. Explore further to discover an eat-in kitchen, large living room, flex room, powder room, cozy nooks, and a workshop. Fashioned for comfortable living, the upper-level boasts a spacious primary bedroom, three guest bedrooms, and two full bathrooms. As an exciting bonus, the attic has both an unfinished area and a finished, approximately 13’ X 24’ bonus room for flex space use. Finally, the 28’3” X 14’10” unfinished basement affords a plethora of possibilities for lifestyle-specific needs and storage. Additional considerations and information include a covered side porch, storage shed, multiple ceiling fans, fenced backyard, commercial listing number (DESU2116968), only 0.6-miles from Milton Elementary School, close to several parks, Route 1, trails, shopping, and Milton Theatre, quick 13+mile drive from multiple beaches, and more! Become the newest resident of one of Sussex County’s most dearly loved towns, and schedule your exclusive tour today!