1 Laurel Ave # A, Newark, DE 19711

New listing and price now includes adjacent building lot (1129 Capitol Trail- Parcel #0805430261)! Whether you wish to enjoy the additional space, sell the lot at a later date or build, the additional 0.16 acre lot offers so much space! This move in-ready Cape Cod style home is located near the University of Delaware campus and downtown Newark with 4 bedrooms / 2 full bathrooms. Notable updates include a new architectural roof (2022), two new refrigerators (2023 & 2020), new stove with oven (2023), two new showers with glass sliding doors (2023), dishwasher (2022), washer & dryer (2020), hot water heater (2020), and sump pump (2020). You will find hardwood floors throughout, a sun room addition with tile , wood-burning fireplace, cedar closets, and unfinished basement with walk up egress, which can be finished for additional living space. Cooking is a pleasure in the updated kitchen with shaker style oak cabinets, plenty of counterspace and updated appliances. Outside the home boasts a fenced yard and a spacious driveway with plenty of parking. Right across the street are several shopping centers with numerous amenities and eateries. With this convenient location, this house can be used as a home office or homeowner-occupied business. In the past, this house was used for home business and could also be used as an income-producing value asset as a rental. With a strong rental demand in the current market, it can easily rent for $2,500 per month. LOCATION! LOCATION! LOCATION! Schedule your tour today.