Bought with Eric A Lafontaine • Century 21 Emerald
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Key Details
Sold Price $83,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 825 sqft
Price per Sqft $100
Subdivision Ellendale
MLS Listing ID DESU2100452
Style Ranch/Rambler
Bedrooms 2
Full Baths 1
Year Built 1950
Annual Tax Amount $466
Tax Year 2025
Lot Size 6,534 Sqft
Property Sub-Type Detached
Property Description
Discover a prime investment opportunity in the desirable Ellendale subdivision. This charming 2-bedroom, 1-bathroom ranch-style home, built in 1950, offers 825 sq. ft. of potential in a growing market. With a lot size of 0.15 acres, this property presents ample space for future enhancements or expansions, making it an ideal candidate for value appreciation. The detached frame structure features a classic layout that can easily be updated to meet modern tastes, allowing for a quick turnaround on renovations. New roof was installed in the past 2 years. The off-street parking accommodates up to four vehicles, enhancing convenience for tenants or future buyers. Located in a community with no HOA fees, this property allows for flexible rental options, maximizing your return on investment. The absence of a pool and extensive landscaping means lower maintenance costs, ensuring a more favorable cash flow. Ellendale's growing appeal and proximity to local amenities position this property as a lucrative flip opportunity. Investors can capitalize on the increasing demand for housing in the area, making this a smart addition to any portfolio. Seize the chance to invest in a property with solid bones and endless potential. Schedule a viewing today and explore the possibilities this home has to offer!
Location
Province DE
County Sussex
Area Broadkill Hundred (31003)
Zoning TN
Rooms
Other Rooms Bathroom 1, Additional Bedroom
Interior
Hot Water Electric
Heating Other
Cooling Ceiling Fan(s)
Flooring Other
Exterior
Garage Spaces 4.0
Utilities Available Sewer Available
Water Access N
Roof Type Asphalt
Building
Story 1
Foundation Block
Sewer Public Sewer
Water Well
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Morris Early Childhood Center
Middle Schools Milford Central Academy
High Schools Milford
School District Milford
Others
Acceptable Financing Cash, FHA 203(k)
Listing Terms Cash, FHA 203(k)
Special Listing Condition Standard
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339

