18 Ritter Lane, Newark, DE 19711

$451,000
5
BD
2
BA
1,925
SqFt
Sold Price
$451,000
List Price
$379,900
Closing Date
Feb 06, 2024
Days on Market
7
Status
CLOSED
MLS#
DENC2053198
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
1,925
Lot Size (Acres)
0.28
Style
Cape Cod
Year Built
1961
County
New Castle
School District
Christina

Property Description

Welcome to this deceptively spacious 5 bedroom, 2 full bath home nestled within walking distance to the vibrant Main Street of Newark, brimming with shops and restaurants. This prime location also places you in close proximity to the heart of the University of Delaware campus, making it an ideal residence for those seeking the convenience of campus accessibility. Currently tenant-occupied , this property offers a unique opportunity with a tenant who expresses interest in continuing the lease if possible. The upper level of the home features 3 generously sized bedrooms and 1 full bathroom. Meanwhile, the main level boasts 2 additional bedrooms, another full bathroom, a spacious living room, a dining room, and a functional kitchen, creating an ideal layout for both everyday living and entertaining. Beyond the living spaces, this home includes practical features such as an unfinished basement and a 1-car garage, offering ample storage and parking solutions. While the property could benefit from some tender loving care, this is factored into the pricing, presenting an excellent opportunity for those with a vision to add their personal touch and enhance the home's overall appeal. Whether you're an investor looking for a property with a reliable tenant or a homeowner seeking a spacious residence in a central location, this home presents a versatile canvas ready for your customization. Don't miss the chance to explore the potential of this gem and make it your own. The property is under rented for $1,325.00 per month with a lease that expires the end of September 2024. Schedule a showing today to envision the possibilities that await in this much larger than it looks home in the heart of Newark!

Additional Information

Area
Newark/Glasgow (30905)
Subdivision
None Available
Taxes
$3063
School District
Christina
Garage
Yes
Garage Spaces
1
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: (302) 234-1888

Selling Office: .