5 Frazier Ave, New Castle, DE 19720

Property Description

INVESTORS SPECIAL! With tenant already in place could be a Perfect opportunity to utilize a DSCR, Debt Service Coverage Ratio loan! Call for more details! Charming, unique, and filled with handcrafted details, this quaint 3-bedroom, 1½-bath home effortlessly blends one-of-a-kind character with everyday functionality. The warm interior showcases custom wood fixtures and a stunning spiral staircase handmade by the original owner, leading up to a versatile loft that serves perfectly as a guest space, bonus room, or extra bedroom. Downstairs, the basement features a dedicated workshop equipped with a convenient half bath and direct exterior access, ideal for hobbies and projects. Modern peace of mind comes easy thanks to a lineup of major recent upgrades, including a new roof, front porch railing, and basement French drain with a sump pump (all 2021), a new back deck, an updated water heater (2023), and a refaced chimney (2024). Rounding out the property is an exceptionally convenient location offering quick access to I-95, public transit, the DMV, and Wawa—making daily commutes and errands effortless while preserving the home's cozy, distinctive personality. Mortgage savings may be available for buyers of this listing.