BEDS5
BATHS3 full
SQUARE FEET2,740
MLS#DEKT2046006
STATUSPENDING
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBAY TREE
SCHOOLCAPITAL
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.
Property Features
Property Type: Residential - Single Family
Basement: Full, Fully Finished
Basement: Yes
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Ranch/Rambler
Lot Size: 0.21 Acres
Stories: 1.0
Taxes: $1,495
Year Built: 1964
Feature Descriptions
Accessibility: Ramp - Main Level
Additional Structures: Above Grade, Below Grade
Building Name: None Available
Days on Site: 6
Exterior: Brick, Vinyl Siding
Lot Dimensions: 0.21 Acre(S)
Sewer: Public Sewer
SQFT Above Finished: 2740
SQFT Total Finished: 2740
Structure Type: Detached
Water: Public
Local Schools
School District: CAPITAL
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8885434829
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,018.20 per month $790.08 Principal & Interest $124.58 Property Tax $103.54 Homeowner's InsuranceChange Payment Information
206 Nimitz Road | MLS# DEKT2046006
This single family home located at 206 Nimitz Road, Dover, DE 19901 is currently listed for sale with an asking price of $355,000. This property was built in 1964 and has 5 bedrooms and 3 full baths with 2740 sq. ft. Nimitz Road is located in the BAY TREE subdivision within the CAPITAL school district. Search BAY TREE real estate on www.realtymark.net today.