53 Fulton Street, Cheswold, DE 19936

Property Description

This 0.77-acre property offers great potential with two dwellings, ideal for investors or buyers looking to maximize rental income. Located with quick access to both Route 13 and Route 1, you're just minutes from major roadways, yet still close to quiet back roads for added privacy. The front house is a 1948 home with 680 sq. ft. of living space. This two-story, 3-bedroom, 1-bath home features a porch and a shed for extra storage. While the home has been vacant for three years and is in poor condition, it offers plenty of potential for renovation and could be restored into a charming residence. The second dwelling is a 1987 Champion mobile home (14x56) with 2 bedrooms and 1 bath. This unit has been vacant for two years, but presents an excellent opportunity for renovation or updating. It provides a more manageable project, or it could serve as a rental unit while the main home is being renovated. This property has strong rental potential with two separate living spaces, each with its own electric meter. You could live in one dwelling and rent the other, or renovate both to create a solid income-generating property. The large lot provides room for additional structures or future expansion, making it a versatile investment for long-term growth. Property is being sold AS-IS. Whether you're an investor looking for your next project or someone looking to build long-term equity, this property offers incredible potential.