2603 Naamans Road
Wilmington, DE 19810
Interior Sq Ft
Additional Details Below
Incredible opportunity to own an investment property with positive cash flow in the Brandywine Hundred area. There are 3 detached homes on this 1.1 acre lot. Live in one and rent the other two and the rents will more than cover your mortgage or rent all three and enjoy the cash flow. One house is a ranch, another is a two story Colonial and the third is a bi-level with a very large rear yard area. Each home is on separate utilities i.e. electric, gas and water. Sewer is paid for by the owner. Presently zoned NC-10 Single Family with a minimum 10,000 square foot lot. Possibility of minor subdivision with variance from New Castle County - This would have to be verified by New Castle County and the sellers make no representations as to viability. If a variance is possible, the value of each individual house taken together would be worth more than its present configuration of 3 homes on one lot. This property is one of a kind. A great opportunity. As rent rates increase so does the CAP rate and so does the property value. Close to most everything and in the Brandywine School District.
Foulk Road north to left on Naamans Road to private drive on right - Just past Channin Drive and just before Dartmouth Woods Road.
Natural Gas, Electric
Lattitude : 39.828148
Longitude : -75.517311
EveryHome Number : DENC528312-10604
Listing Courtesy: Long & Foster Real Estate, Inc.
Page: © 2021 EveryHome, Realtors, All Rights Reserved.
Data: © 2021 TREND, All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EveryHome participates, and is provided by TREND through a licensing agreement.
Presentation: © 2021 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Delaware Real Estate Commission - License RB-0020479
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555