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Key Details
Sold Price $165,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $160
Subdivision Christiana Village
MLS Listing ID DENC2051544
Sold Date 11/17/23
Style Traditional
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,025
Originating Board BRIGHT
Year Built 1976
Annual Tax Amount $1,686
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 20.00 x 120.00
Property Description
Situated in Newark, DE, this townhome offers a prime location with easy access to essential amenities. Whether it's shopping, dining, schools, or transportation, you'll find everything you need just a short distance away. Being an end unit means you'll enjoy more privacy, additional natural light, and possibly more outdoor space compared to interior units. Currently occupied by a long-term tenant at a modest $650 per month, there's great potential to increase the rental income to better reflect the market value. The property's under-rented status presents an excellent opportunity for an investor to maximize their ROI. While the home may need some cosmetic upgrades, the asking price reflects this need. With a bit of elbow grease and creativity, you can personalize the space and increase its value significantly. Similar-sized homes in the area have sold for over $220,000, indicating that there's ample potential to build equity. Whether you're an investor or a homeowner looking for a budget-friendly option, this property offers room for growth. In summary, this 3-bedroom, 1.1 bath end unit townhome in Newark, DE, is a diamond in the rough. Its prime location, end unit features, and the potential for increased rental income or equity make it a promising investment. With a little investment of time and resources, this property can be transformed into a comfortable and valuable living space. Don't miss out on this opportunity to secure a home in a sought-after location at an attractive price point.
Location
State DE
County New Castle
Area Newark/Glasgow (30905)
Zoning NCTH
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Oil
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Christina
Others
Senior Community No
Tax ID 09-030.30-139
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tariq Wallace • R&R Commerical Realty