620 Ilse Drive, Newark, DE 19713-3914 $269,900

Beds/Baths: 4/2
Interior Sq. Ft: 1,550
Acreage: 0.28
Age:66 years
Style:
Cape Cod
MLS#: DENC2084956
Subdivision: Todd Estates
Design/Type:
Detached

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!

Taxes: $2,231
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Christina

Features

Utilities
Forced Air Heating, Natural Gas, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Driveway, On Street

Interior
Unfinished Basement

Exterior
Concrete Perimeter Foundation, Brick Exterior

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 7/06/2025.