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sales rep | Brivity IDX

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252 S College Ave , Newark, DE 19711
$479,900
Est. Payment: $2,624.48/mo
3 Bed
2 Bath
1775 Sqft
0.26 Acres
Status: pending | Days on site: 21
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REMAXPR - 3133783
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House 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.

Highlights

Listed by Anthony A Borleis , 3024262211 RE/MAX Point Realty , 3024262211. Bright MLS

Property Type

Residential

Lot/Acreage
0.26

Year Built

1920

County

New Castle

Area

Newark/Glasgow (30905)

Neighborhood

Silverbrook

School District

Christina

Listing ID

DENC2113550

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Window Unit(s)
Fireplaces:1 Fireplace
Above Ground Sq Ft:1775
Basement:Unfinished
Other:
  • ▪ Main Floor Bedrooms:3
  • ▪ Additional:No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:6
Zoning:18RS
Others:
  • ▪ Additional:Average
Sewer:Public Sewer
Parking Features:Garage - Front Entry,Detached Garage,Driveway,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,624
Taxes
$333

Home Price

$479,900

Loan Details

30 yrs
7.271%

Down Payment

20%
$95,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,624.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,624.48 $333.17 $0.00 $2,957.65
Yearly $31,493.78 $3,998.00 $0.00 $35,491.78
Total $944,813.47 $119,940.00 $0.00 $1,064,753.47
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Newark, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS