206 Nimitz Road, Dover, DE 19901

$340,000
5
BD
3
BA
2,740
SqFt

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Sold Price
$340,000
List Price
$355,000
Closing Date
May 11, 2026
Days on Market
4
Status
CLOSED
MLS#
DEKT2046006
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,740
Lot Size (Acres)
0.21
Style
Ranch/Rambler
Year Built
1964
County
Kent
School District
Capital

Property Description

Investor Alert, High-Yield Opportunity in Dover! Welcome to 206 Nimitz Road, Dover, Delaware, a rare and compelling opportunity for investors seeking immediate cash flow and long-term value. This expansive 5-bedroom, 3 full-bath ranch-style home, perfectly positioned on a corner lot, offers exceptional space, flexibility, and income potential, all within a desirable community with no HOA restrictions. From the moment you enter, you’re greeted by a bright, open-concept layout that seamlessly connects the living room (family room) to a beautifully updated eat-in kitchen, creating an inviting and functional living space. The main level is thoughtfully designed with generously sized bedrooms and full bathrooms, ideal for comfortable everyday living. The true value of this home continues in the fully finished basement, which significantly expands the livable square footage. Featuring additional living areas and bedrooms, this lower level provides the perfect setup for multi-generational living, shared occupancy, or maximizing rental income streams. This property stands out as an oversized ranch with exceptional versatility, making it highly attractive to both owner-occupants and investors alike. Investment Highlights: Tenant-occupied with an active professional lease in place Tenant is willing to sign a long-term 5-year lease Strong rental potential of up to $3,500 per month Immediate income-producing asset from day one Opportunity for positive cash flow and residual income Whether you’re building your portfolio or securing a reliable, income-generating property, this home delivers on all fronts, location, layout, and long-term financial upside. Properties like this do not last. Schedule your private showing today and secure this exceptional investment before it’s gone.

Additional Information

Area
Capital (30802)
Subdivision
Bay Tree
Taxes
$1495
School District
Capital
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 EXP Realty, LLC. Contact:

Selling Office: .