0%
206 NIMITZ ROAD, DOVER, DE
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 Type
Single Family
Style
Ranch/Rambler
Year Built
1964
Lot Size
9,191 sqft
Price / Sqft
$130
Full Baths
3
Subdivision
BAY TREE
HOA
None
MLS #
804758594618
Listing Type
Residential
Market
BRIGHT
206 NIMITZ ROAD, DOVER, DE 19901 — KENT County
Jemimah E. Chuks
EXP Realty, LLC

107 SAILOR LANE, MILTON

23333 ROSS STATION ROAD, SEAFORD

2414 ARTHURSVILLE ROAD, HARTLY

343 SEDIMENTARY ROCK ROAD, DOVER

501 N BRADFORD STREET, DOVER

105 HOBBYHORSE COURT, DOVER

3070 FAST LANDING ROAD, DOVER
47 GRISTMILL DRIVE, DOVER
15 VALHALLA COURT, DOVER
How this home compares across city, state, and national benchmarks
Listed at $355,000, this 5-bed house in DOVER is 43% above the Census median home value of $248,500 for DOVER. Compared to 3 other 5-bed homes in DOVER (averaging $418,000), this property is 15% below average. Delaware's median home value is $360,309, putting this listing 1% below the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 38 homes for sale
Standard
DOVER has a population of 39,491 with a median household income of $58,336 and a homeownership rate of 47%. The median home value is $248,500 and the median rent is $1,252/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data