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$367,450

506 Cambridge Dr

4 Beds 3 Baths 2,025 Sq.Ft. 0.35 Acres

Description

Welcome to 506 Cambridge Dr., a promising 4-bedroom, 2.5-bathroom single-family home located in the heart of Newark, DE. This property presents an exceptional opportunity for those looking to invest in a home with immense potential. Situated just moments away from the University of Delaware, this home offers a convenient location for students, faculty, or anyone who wishes to be near vibrant campus life. While this home is a fixer-upper, it brims with possibilities for creating immediate equity. The spacious layout provides ample room for customization, allowing you to transform this house into your dream home or a lucrative rental property. The existing framework includes generously sized bedrooms, multiple spacious living areas, and a sizable backyard, perfect for gatherings or outdoor activities. The two car garage is perfect for covered parking or your home workshop or getaway. The basement has a drop ceiling installed and is primed to be finished in the perfect hang out. Take advantage of this rare opportunity to invest in a property with boundless potential in a prime location. With your vision and a little TLC, 506 Cambridge Dr. can become a cherished home or a valuable asset. Don't miss out on this chance to unlock the hidden value in this fantastic property!

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Location

506 CAMBRIDGE DRIVE, NEWARK, DE 19711

Status

Sold

Date Sold

May 19, 2025
Vincent Garman photo

Vincent Garman

Cole Ciber photo

Cole Ciber

Features & Amenities

Interior

Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Laundry Room Has Laundry
Fireplace Equipment, Wood
Appliances Oven/Range - Gas, Freezer, Refrigerator, Washer, Dryer, Water Heater
Other Interior Features Bathroom - Tub Shower, Bathroom - Stall Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Wood Floors

Exterior

Stories 2
Garage Space 2.0
Water Source Public
POOL No Pool
ROOF Shingle
Parking Attached Garage, Driveway
Heat type Forced Air
Air Conditioning Central A/C
Sewer Public Sewer
Substructure Block
Disability Features 2 Access Exits
Other Exterior Features Street Lights, Gutter System, Exterior Lighting

Area & Lot

Status Sold
Date Sold May 19, 2025
LIVING SPACE 2,025 Sq.Ft.
TOTAL AREA 2,025 Sq.Ft.
LOT SIZE 0.35 Acres
MLS® ID DENC2077942
Type Residential
Year Built 1964
Neighborhood Delaware County
Architecture Styles Colonial
School District CHRISTINA

Financial

SALES PRICE $367,450
REAL ESTATE TAXES $3,945/yr
Zoning 18RS
Delaware County

Delaware County

39.9078° N, 75.3879° W

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