Bought with Steven B. Schmidt • RE/MAX Horizons
$125,000
$120,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,827 SqFt
SOLD DATE : 05/29/2026
Key Details
Sold Price $125,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,827 sqft
Price per Sqft $68
Subdivision Millcreek
MLS Listing ID DEKT2044388
Sold Date 05/29/26
Style Contemporary
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,827
Year Built 1996
Annual Tax Amount $1,515
Tax Year 2025
Lot Size 5,271 Sqft
Acres 0.12
Lot Dimensions 43.75 x 120.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
🔥 Opportunity Knocks in Established Dover Community 🔥
240 Grinding Wheel Dr., Dover, DE
Opportunity knocks for the savvy investor, contractor, or buyer looking to build equity. This property has experienced fire damage and is being sold in as-is condition, offering significant upside potential for renovation, resale, or rental income.
Located in a well-established Dover neighborhood, this home sits on a desirable lot with strong comparable values in the surrounding area — making it a prime candidate for a strategic rehab project.
Why This Property Makes Sense:
Solid footprint and layout ready for reimagination
Opportunity to customize finishes and maximize ARV
Potential flip, rental, or long-term hold
Convenient location near shopping, schools, Route 13, and Dover Air Force Base
Limited inventory of investor-ready properties in this price range
With the right vision and execution, this property could become a strong addition to any investment portfolio.
Bring your contractor, your imagination, and your offer. Properties with this level of upside potential don't last long.
📞 For additional details, access information, or to schedule a showing, contact an agent today.
Location
State DE
County Kent
Area Capital (30802)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Parking Features Garage - Front Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Story 2
Foundation Crawl Space
Above Ground Finished SqFt 1827
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Capital
Others
Senior Community No
Tax ID ED-05-05717-02-2600-000
Ownership Fee Simple
SqFt Source 1827
Special Listing Condition Bank Owned/REO
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