For Sale

Photo of 2603 Naamans Road, Wilmington DE
2603 Naamans Road
Wilmington, DE 19810
Bedrooms
12
Full Baths
5
Partial Baths
1
Acres
1.10
Interior Sq Ft
950
Age
71
Heating
Natural Gas
Fireplaces
2
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Basement
Full
Taxes (2020)
5,137
Additional Details Below

Description

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.

Location

Driving Directions

Foulk Road north to left on Naamans Road to private drive on right - Just past Channin Drive and just before Dartmouth Woods Road.

Details

Exterior
Stucco
Basement
Full Basement
Laundry
Main Floor
Air Conditioning
Central Air
Heating
Forced Air
Hot Water
Natural Gas, Electric
Assessment : 145,200
Zoning Designation NC10
Lattitude : 39.828148
Longitude : -75.517311
EveryHome Number : DENC528312-10604
Listing Courtesy: Long & Foster Real Estate, Inc.
 

Notes

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