⚠️ 🏡 Investment property in Newark, DE 19711 for $335,000 🏡 ⚠️

New Castle County, Newark, DE, 19711
Sold
Listed at: July 19th, 2023
Price
$335,000
Sq. Footage
2200
Type
Detached
Parking
Driveway
Year build
1945
Lot size
0.45 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

363 Paper Mill Rd. is located in the city of Newark within a non developed area - walking distance to Downtown Newark, University of Delaware, Main St, Restaurants, shopping and more. Secluded by wooded parkland on .45 acres with a deck. Property contains 4 bedrooms and 2 (3) bathrooms. One bedroom will need sheetrock & finishing and bathrooms will need to be remodeled. Wood flooring throughout the house is in amazing condition. To reach higher ARV, property will need a cosmetic rehab (including but not limited to: paint, some flooring, bathroom and kitchen remodel) and landscaping. There is also an opportunity to renovate bathroom in the basement to make this house a 4 Bed and 3 bath home..

Once renovation is complete, this property will have 4 bedrooms and 3 baths.

Closing will take place within 60 days. $10,000 Non refundable EMD. Title work / Closing will be completed with Ward & Taylor. 

"Recommendation of Future Rehab is a suggestion on what we feel will benefit resale or highest potential of rent amount of Property."

Don't miss out on this opportunity! Call / Email now for showings!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Alex Modaressi

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Disposition manager