2425 GRUBB RD   |  WILMINGTON, DE 19810

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Michael Milligan

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  • 0 bed | 0 full bath | 0 sqft | Land/Lot
  • $550,000

  • Est. Monthly Payment: $1,232,123/mo
  • Today‚Äôs Mortgage Rates

MAJOR PRICE REDUCTION!! INVESTOR OR BUILDER ALERT! 5 LOT POTENTIAL! NO BUILDER TIE-IN! At $110,000 per lot this investment becomes a no brainer! Massive subdividable property on 3.3 Acres in prime N. Wilmington location on Grubb Rd between Foulk and Marsh. There are several structures currently on the property a 3BR Colonial home, carport and several garages. The home needs extensive work and is considered a full gut or a tear down if the buyer wanted to retain the full property without subdividing. The true value of the property is in its size and premier location. Structures on property are being sold "as is". There is a single fam home and 3 garages. Feasibility study completed showing property can be subdivided into 5 lots with current zoning. Contact LA for copy of feasibility study of Major & Minor subdivision plans.

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Property Features

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Interior Features
Exterior Features
  • Lot Size: 3.31 acres

Utilities

Additional and Community Information

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Additional
  • County: NEW CASTLE
  • Property Type: Land/Lot
  • Subdivision: BRANDYWINE HUNDRED
  • Annual Taxes: $2,438
Community
  • School District: Brandywine New Castl

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Listing provided courtesy of Wilmington, DE. Email this broker.

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