208 Pine St, Ellendale, DE 19941

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 … read more …