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88 Old Red Mill Road

NEWARK, DE 19711
  • $475,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: DENC2054368
UPDATED: 239 min ago
$475,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,530
    SQFT
  • $188
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

*The home includes an added bonus for investors or homeowners seeking rental income.* Nestled in Newark, Delaware, this picturesque 3-bedroom, 2-bathroom farmhouse on .70 acres skillfully combines rustic charm with modern amenities. Step into a welcoming interior where wood floors and exposed beams create a warm, rustic feel. The eat-in kitchen, heart of the home, is perfect for family meals and gatherings. The main level also features a convenient full bath and laundry room. The upper level houses three cozy bedrooms, another full bath, and a walk-in attic for ample storage. Adding to the home's charm is a non-functioning fireplace, a focal point that adds to the farmhouse ambiance. Outdoors, the property doesn't disappoint with a front porch and back patio, ideal for enjoying the serene surroundings. The home is located next to a stream, perfect for fishing enthusiasts. To the left of the home is a garage with a 1-bedroom, 1-bathroom apartment above, currently generating rental income of $1050, while the main house brings in $1800 per month. Both tenants, on month-to-month leases, are keen on staying. This Newark farmhouse is a unique blend of character, convenience, and income potential+GGa perfect choice for various lifestyles and investment opportunities. Home is being sold as-is.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long and Foster Real Estate. 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. Data last updated: 2024-02-28T23:51:32.987.
www.easternshorehomesolutions.com/homes/146318704
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88 Old Red Mill Road NEWARK, DE 19711

  • Price: $475,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 239 min ago
  • ID#: DENC2054368
0
Beds
0
Baths
0
½ Baths
0.7
Acres
2,530
SQFT
$188
$/SQFT
1900
Built
Neighborhood:
None Available
County:
New Castle
Area:
Newark/Glasgow (30905)
School District:
Christina
Property Description
*The home includes an added bonus for investors or homeowners seeking rental income.* Nestled in Newark, Delaware, this picturesque 3-bedroom, 2-bathroom farmhouse on .70 acres skillfully combines rustic charm with modern amenities. Step into a welcoming interior where wood floors and exposed beams create a warm, rustic feel. The eat-in kitchen, heart of the home, is perfect for family meals and gatherings. The main level also features a convenient full bath and laundry room. The upper level houses three cozy bedrooms, another full bath, and a walk-in attic for ample storage. Adding to the home's charm is a non-functioning fireplace, a focal point that adds to the farmhouse ambiance. Outdoors, the property doesn't disappoint with a front porch and back patio, ideal for enjoying the serene surroundings. The home is located next to a stream, perfect for fishing enthusiasts. To the left of the home is a garage with a 1-bedroom, 1-bathroom apartment above, currently generating rental income of $1050, while the main house brings in $1800 per month. Both tenants, on month-to-month leases, are keen on staying. This Newark farmhouse is a unique blend of character, convenience, and income potential+GGa perfect choice for various lifestyles and investment opportunities. Home is being sold as-is.
Exterior Features

Architectural Style Farmhouse/National Folk Construction Materials Wood SidingStone Garage Spaces 1.00 Garage Type Garage - Front Entry Garage YN Yes Other Structures 2nd HouseGarage(s)Tenant House Parking Types On StreetDrivewayDetached Garage Patio And Porch Features Deck(s)Porch(es) Pool No Pool Riparian Rights YN Yes Water Access Features Fishing Allowed Water Access YN Yes Water Body Type River Water Oriented YN Yes Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2530 Appliances DishwasherOven/Range - ElectricRefrigerator Basement Unfinished Basement YN Yes Below Grade Unfinished Area 0 Cooling Central A/CWindow Unit(s) Exclusions Equipment in shed Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Heating YN Yes Interior Features AtticDining AreaExposed BeamsKitchen - Eat-InWood FloorsTub Shower Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2022 Central Air YN Yes Cooling Fuel Electric Electric 150 Amps Existing Lease Type Month to Month Foundation Details Stone Heating Fuel Natural Gas Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 802794902908 Ownership Interest Fee Simple Possession Subject to Existing Lease Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2136.00 Tax Assessment Amount 51700.00 Tax Lot 020 Vacation Rental YN No Water Source Public Zoning S

Listing courtesy of Crown Homes Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long and Foster Real Estate. 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. Data last updated: 2024-02-28T23:51:32.987.
 
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