620 Ilse Drive, Newark, DE 19713

$250,000
4
BD
2
BA
1,550
SqFt

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Sold Price
$250,000
List Price
$269,900
Closing Date
Aug 08, 2025
Days on Market
18
Status
CLOSED
MLS#
DENC2084956
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,550
Lot Size (Acres)
0.28
Style
Cape Cod
Year Built
1959
County
New Castle
School District
Christina

Property Description

INVESTOR SPECIAL – Prime Fix & Flip Opportunity in Todd Estates! Located in the established and desirable Todd Estates, this 4-bedroom, 2-bath single-family home is a perfect match for experienced investors, flippers, or cash buyers looking for their next full rehab project. Featuring a spacious layout and a sunroom addition off the kitchen and dining area, this property offers solid bones and serious upside for the right buyer. The home needs a complete renovation—ideal for a gut job, value-add strategy, or long-term buy & hold. Nearby comps support a strong After Repair Value (ARV), and the area continues to see steady appreciation and high rental demand. 🔥 Key Investor Highlights: -4 bedrooms, 2 bathrooms with sunroom addition -Great neighborhood with solid resale potential -Plenty of square footage to reconfigure or expand -Strong fix & flip candidate Will not qualify for traditional financing – cash, hard money, or renovation loan only This is a true equity opportunity in a location where fully renovated homes move fast. Bring your contractor, crunch the numbers, and capitalize on this high-ROI project before it’s gone!

Additional Information

Area
Newark/Glasgow (30905)
Subdivision
Todd Estates
Taxes
$2231
School District
Christina
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of KW Empower. Contact:

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