Thank you
Christopher Nolte
Coldwell Banker Realty
302-234-1888
This opportunity for a Builder/Contractor in The Historic Village of Phillips Mill presents a compelling prospect for those looking to invest in a distinctive luxury neighborhood. With 6 approved and developed lots, including 4 townhouse lots and 2 twins, there is a diverse range of housing options to cater to various preferences and needs. The mix of 17 homes, featuring mill homes, semi-detached homes, a 3-unit condo building, and a farmhouse, adds character to the neighborhood. All the necessary improvements have been completed, streamlining the building process for potential buyers. The convenience of having everything in place and ready for building permits simplifies the development process and reduces potential delays. The inclusion of building plans with the sale is a valuable addition. This not only saves time and effort for the buyer but also provides a clear vision for the potential development, enhancing the overall appeal of the offer. The property's short distance to the University of Delaware is a significant advantage. This proximity can attract a diverse range of potential residents, including faculty, and staff, making it an appealing location for various demographics. The mention of possible owner financing adds flexibility to the purchasing process. The package includes multiple lots (102, 104, 106, 108, 103, 105 Joshua Ln.), offering a comprehensive opportunity for a builder or contractor to make a substantial impact on the community. In conclusion, this property presents a great opportunity for a Builder/Contractor in a well-planned neighborhood. The combination of location, variety of housing options, ready-to-build status, included building plans, and possible seller financing makes this an attractive proposition for those looking to invest in a unique and upscale community.
Sell a home like this and save $47,495 Find Out How
Water Source : Public
Utilities: Electric Available,Natural Gas Available,Sewer Available,Water Available
Sewer: Public Sewer
Lot Size: 99,317
Lot Size (Acres): 2.28
Main Square Feet: 99,317
Total Lot SQ ft: 99,317
Subdivision: PHILLIPS MILL
Total Acreage: 2.28
Possession: Negotiable
Days Of Market: 69
Annual Tax: $1,474
Tax Year: 2017
Total Taxes Payment Frequency: Annually
Negotiable
Taxes Assessment Amount: $41,100
Road Surface: Paved
Direction: GPS
School District: CHRISTINA
Electric Available,Natural Gas Available,Sewer Available,Water Available
Water Source: Public
Sewer: Public Sewer
Direction: GPS
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Paper Mill Road , Newark, DE,19711 | $450,000 | -- | -- | 83,199 | 83199 Sqft |
Land, Newark, DE,19711 | $400,000 | -- | -- | 126,760 | 126760 Sqft |
304 Leahy Drive , Newark, DE,19711 | $649,900 | 3 | 2.5 | -- | -- |
113 E Main Street #412, Newark, DE,19711 | $569,000 | 3 | 3.0 | -- | -- |
363 Paper Mill Road , Newark, DE,19711 | $524,999 | 6 | 3.0 | 1,375 | 19602 Sqft |
302 Leahy Drive , Newark, DE,19711 | $694,999 | 3 | 2.5 | -- | -- |
01A Leahy Drive , Newark, DE,19711 | $663,900 | 3 | 2.5 | -- | -- |
02A Leahy Drive , Newark, DE,19711 | $673,900 | 3 | 2.5 | -- | -- |
03A Leahy Drive , Newark, DE,19711 | $694,900 | 3 | 3 | -- | -- |
04A Leahy Drive , Newark, DE,19711 | $699,900 | 3 | 2.5 | -- | -- |
Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
ByOwner last updated this listing 04/28/2024 @ 03:49
MLS: DENC2052730
LISTED BY: Christopher Nolte , Coldwell Banker Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Commission will not be paid on any seller credit.