Seize this prime investment opportunity in the vibrant town of Laurel! This property, zoned R2, offers the versatility to develop a single-family home. Currently featuring 3 bedrooms and 1 bathroom, this asset provides a solid foundation for rental income or major rehab to make your own. Whether you're looking to renovate, rent, or redevelop, this property presents an excellent value and significant potential. Donât miss out on this opportunity to invest in a growing community. Offered as-is and Priced to sell! Buyers to do due diligence.
The median home value in Laurel, DE is $307,000. This is lower than the county median home value of $442,700. The national median home value is $338,100. The average price of homes sold in Laurel, DE is $307,000. Approximately 28.64% of Laurel homes are owned, compared to 50.4% rented, while 20.96% are vacant. Laurel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Laurel real estate agent to arrange a tour today!
Laurel, Delaware has a population of 3,886. Laurel is less family-centric than the surrounding county with 6.5% of the households containing married families with children. The county average for households married with children is 20.2%.
The median household income in Laurel, Delaware is $34,615. The median household income for the surrounding county is $68,886 compared to the national median of $69,021. The median age of people living in Laurel is 20 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 45.6 inches per year, with 7.5 inches of snow per year.