406 Paper Mill Rd Newark, DE 19711

Waiting on signatures. 3-4 Bedroom/2.5 Bath home on a .46 acre lot (owned) within walking/biking distance (only 1.1 miles) to the University of Delaware Campus! Considering the all-time LOW availability of off campus University housing, this is such a great opportunity for an investment purchase to offer a 3-4 person rental housing for students WITHOUT being required to purchase a Rental Permit (as would be necessary for any properties within the City limits of Newark)! This lovely home has been expanded & consistently well maintained for over 40 yrs by the current owners! Major Renovations in both 1980 & 1987 included expanding upwards for a full 2nd floor, adding a 2nd full bathroom, all new Anderson windows, decorative stucco was added over the original brick, connected a new 165' deep well out front, a new gravity fed septic system on the right of the rear patio with all new PVC sewer lines, and the 2 car garage was converted to living space with a Den/Family Room, a Powder Room, a Laundry Closet & a large 21x9 Workshop/storage room! A new Architectural Roof was done in 2001 and a new oil Heater was installed in 2008. You'll appreciate the nice curb appeal to start your tour as you take notice of the expanded 6+ car driveway (accommodating lots of off street parking!), beautiful mature shade trees, a multitude of flowering perennials & evergreen bushes decorate the front yard & highlight the covered front porch/patio. Entry at the front Vestibule gets you out of the elements quickly before entering the home where you will notice the open floor plan! The expanded formal Living Room at your Right features plenty of room for both day-to-day or entertaining. This room is spacious & offers neutral carpet & paint as well as exposed support beams. Separated by the main staircase with oak railings to the 2nd floor, is the Dining Room opposite the Living Room. The Dining Room offers ample space for a full dining set, vinyl flooring, good natural light & a wide wood beamed opening into the home's full Kitchen offering the same easy-maintenance vinyl floors, ample countertop & cabinet space, matching white appliances, basement access and a rear exit to the large 40x10 patio overlooking the deep backyard, flower beds & garden shed! A beautiful place to relax anytime! NOTE: There is an easement at the far back of the property to the townhomes where there is access to connect to both Public Water & Public Sewer within the City of Newark if the new owner prefers to connect in the future! The Den/Family Room addition allows for a perfect amount of extra living space separated from the Dining Room by decorative French Doors, this room can have many versatile uses - a Family Room, Office, Playroom, Main floor Bedroom, Exercise Room, etc! At the back of the Den is a convenient Powder Room and main floor laundry in the double closet with custom shelf & exterior vent. There is also access to the large Workshop /Storage room with custom shelving & is fully insulated as well! Heading upstairs, there are 3 large bedrooms, 2 full baths, good sized linen closet, expanded attic access panel opening for convenience & custom doors for the plumbing access of both bathrooms. The expanded Primary Bedroom is very spacious & features a freshly painted full private Bathroom with tub/shower, lighted Ceiling fan, great natural light & a double closet. Both of the additional bedrooms offer good living & closet space, natural light & lighted ceiling fans as well! There is a 2nd full bath in the Hallway offering fresh paint, tub/shower combo & a window for natural light. The unfinished basement provides plenty of extra storage space & a convenient Bilco access to the rear! Square footage is estimated. Public records is inaccurate. The county records are not including the entire 2nd level which was added to in 1980. The county is aware of the addition but the records are not accurate. You can measure if you would like.