401 EDGEMOOR ROAD


WILMINGTON, DE

638,000

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Bob Comegys
Owner: Town & Country Homes at EXP Realty
Broker / Owner / Realtor
EXP Realty
  • Middletown, Delaware
  • Phone: 302-252-5911
  • Office : (302) 252-5911
  • Licensed In: Delaware
  • License #: RA-0020377

401 EDGEMOOR ROAD, WILMINGTON, DE

MASSIVE PRICE REDUCTION! 401 Edgemoor Road presents a unique investment opportunity in a prime Wilmington location. This versatile property is well-suited for multiple income-generating strategies, whether for short-term profitability or long-term portfolio growth. This property includes 5 br, 3.5 baths, 2 kitchens, and separate living quarters. Investment Opportunities: Fix & Flip Renovate and resell to capture equity. Buy & Hold Build wealth through steady appreciation and cash flow. Rental Property Generate consistent monthly rental income. Halfway Residence In-demand housing option within many communities. Senior Living Position in a rapidly expanding sector. Veteran Housing Serve the needs of those who served. Short-Term Rental / Airbnb Maximize returns with flexible nightly rates. Market Comparables (Closed Sales): High: $1,615,000 Average: $928,600 Median: $800,000 Low: $719,900 (Comparable figures are based on closed prices after adjustments and rounded to the nearest $100.) Summary: With multiple exit strategies and strong comparable sales in the surrounding market, 401 Edgemoor Rd provides an excellent opportunity for investors looking to maximize returns in Wilmingtons growing real estate market. Located just 11 minutes to Wilmington, 20 minutes. to Philadelphia International Airport, 25 minutes to Philadelphia, and within easy reach of Maryland and New Jersey, this home offers both convenience and luxury. Note: Some photos have been enhanced or staged by ai.

Property Details
Property Type Commercial Sale
Mls # DENC2089982
LotSize 0.42 acres
Property Subtype Other
Year Built 1994
Cooling Systems central air
Exterior Types aluminum siding, stone, vinyl siding
Heating Fuels forced air
Num Of Floors 0
School District BRANDYWINE

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Reviews

My sister and I used Bob Comegys to sell my mom’s house since we moved her into an Independent Living Facility. During the process, Bob communicated every step of the way, made great suggestions...
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09/11/2023 - Robert Szczerba

Service Provided:  Listed and sold a home

Year of service:  2023

City of service:  Wilmington

zillow review

Bob is a professional with extensive experience. He can navigate through the most unusual situations. Very pleasant to work with and he always responds as quickly as possible. This is the second...
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10/19/2020 - kjh11270219
zillow review

Awesome agent, he was always available and had a great understanding of the market. We Will use him again for future real estate needs. I would highly recommended him to anyone searching for the...
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12/06/2019 - cwalke1188
zillow review

Mr. Comegys is very knowledgeable about what's going on in the world of realty. He worked very hard to sell my house and for the best price. Mr. Comegys is also very friendly and easy to work with. I...
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05/30/2018 - judi olewnik
zillow review

Bob is an amazing realtor, my fiancé and I were first time buyers and he made us very comfortable, his expert insight and his punctuality really led to our decision! Really awesome guy and look...
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08/15/2016 - rickysmons40
zillow review

We had a very exceptional time work with Bob. He always went out of his way to go to showing and gave great advice on potential problems with a house. He is very determined and never gave up on us....
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08/15/2016 - csm4life
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