252 S College Ave, Newark, DE 19711

Property Description

Fantastic Investment Opportunity Near the University of Delaware – Or Make It Your Own! Location, location, location! This charming 3/4 bedroom, 2-bath cedar home ideally situated on a corner lot at S. College Avenue and Sunset Road, just a short walk from the University of Delaware campus and all the popular attractions along Newark’s Main Street. Offering an outstanding combination of location, versatility, and income potential, this property is an opportunity you won't want to miss! Currently leased for $3,200 per month through May 2027, this home offers an immediate income-producing opportunity with great tenants already in place. Investors can benefit from the existing rental income, while buyers planning a future move can explore the possibility of making this wonderful property their own after the lease expires, subject to the lease terms. The cedar exterior adds character and charm, while the detached two-car garage provides valuable parking and additional storage. The corner-lot location offers added appeal, and the property is conveniently located within walking distance of UD, Newark’s vibrant Main Street, restaurants, shops, and local attractions. Whether you're looking to expand your investment portfolio, secure a property near the University of Delaware, or find your next home in one of Newark’s most convenient locations, this property offers exceptional possibilities. An excellent opportunity for investors and future homeowners alike! Schedule your showing today and discover the potential of this well-located Newark property.