317 Arbour Dr, Newark, DE 19713

Property Description

INVESTOR OPPORTUNITY IN ARBOUR PARK!! This spacious 5-bedroom, 3½-bathroom colonial style home offers incredible potential on a large .48-acre corner lot in a highly desirable location. With generous living spaces, a versatile floor plan, and multiple opportunities to add value, this property is ready for an investor to bring their vision to life. The home features five generously sized bedrooms, an oversized family room, spacious living room, and ample dining room, providing plenty of room to renovate, reconfigure, and maximize the property's potential. The oversized family room features sliders leading to an open backyard, offering plenty of space for a garden, outdoor entertaining, recreation, or other outdoor activities. A major highlight is the huge bonus room with its own private entrance, full bathroom, and an additional room that could be used as an office, craft room, extra bedroom, or storage. This versatile space offers exceptional flexibility for an in-law suite, guest quarters, additional living space, or potential rental use- any rental or separate-living potential must be independently verified with the City of Newark. The location further enhances the investment appeal. This property is within the 5-mile radius required for The Newark Charter School and is just minutes from the University of Delaware, Newark Train Station, and downtown Main Street. It is also conveniently located to major routes, restaurants, shopping, parks, and walking and biking trails, providing easy access to everything the Newark area has to offer. With its expansive corner lot, multiple bathrooms, oversized living areas, bonus space, private entrance, community pool, and flexible layout, there are countless opportunities to renovate, reimagine, and add significant value. Hard Money and Cash Buyers Only.