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Dover, DE 19904
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Listed
Home details as listed · verify independently
219 North Governors Avenue, Dover, DE 19904
Asking Price: $200,000
Estimated ARV: $400,000
Property Type: Single-Family House
. Access: Occupied—Viewing is by Request / Appointment Only.
Investor Note: Properties with this kind of equity spread do not last long in this market. Perfect addition to a fix-and-flip portfolio or a long-term buy-and-hold strategy once renovated.
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Commission
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This opportunity in Dover, DE is offered at an asking price of $200,000 as shown on the card. After repair value (ARV) is shown as about $400,000, which implies a gross spread of roughly 50.0 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 4 bedrooms, 2 bathrooms, 1,824 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “heavy.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Occupied.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1905; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale