Discover a prime investment opportunity in the desirable Ellendale subdivision. This charming 2-bedroom, 1-bathroom ranch-style home, built in 1950, offers 825 sq. ft. of potential in a growing market. With a lot size of 0.15 acres, this property presents ample space for future enhancements or expansions, making it an ideal candidate for value appreciation. The detached frame structure features a classic layout that can easily be updated to meet modern tastes, allowing for a quick turnaround on renovations. New roof was installed in the past 2 years. The off-street parking accommodates up to four vehicles, enhancing convenience for tenants or future buyers. Located in a community with no HOA fees, this property allows for flexible rental options, maximizing your return on investment. The absence of a pool and extensive landscaping means lower maintenance costs, ensuring a more favorable cash flow. Ellendale's growing appeal and proximity to local amenities position this property as a lucrative flip opportunity. Investors can capitalize on the increasing demand for housing in the area, making this a smart addition to any portfolio. Seize the chance to invest in a property with solid bones and endless potential. Schedule a viewing today and explore the possibilities this home has to offer!
For sale
$75,000
208 Pine St, Ellendale, DE 19941
2beds
825sqft
Est.:
Single Family Residence
Built in 1950
6,534 Square Feet Lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
Classic layoutRanch-style homeDetached frame structure
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