Property Description

INVESTOR / REHAB OPPORTUNITY! Welcome to 18160 Johnson Rd in Lincoln, Delaware. This 3-bedroom, 1-bath ranch offers approximately 1,056 square feet of living space and sits on approximately 0.385 acre with a spacious yard and private driveway. Please note from the beginning: this property is in need of a FULL RENOVATION. This is a major rehab project and should be viewed as an opportunity for an experienced investor, contractor, renovator, or buyer prepared to complete extensive improvements throughout the property. The existing floor plan provides a straightforward foundation for renovation. Enter through the front door into the living room, followed by a separate formal dining area and kitchen. A central hallway leads to the full bathroom and three bedrooms, all located on one level. Outside, the approximately 0.385-acre lot provides a generous amount of yard space along with a private driveway. For a buyer with the experience and resources to take on a substantial renovation, the property presents an opportunity to redesign and improve the home according to their plans, subject to all applicable permits and approvals. PROPERTY CONDITION & FINANCING: Property requires extensive renovation and is not expected to qualify for standard FHA, VA, or conventional financing in its present condition. Cash, FHA 203(k), or other renovation/rehabilitation financing may be appropriate depending on the property, buyer, lender requirements, appraisal, and loan program. Buyers should confirm financing eligibility directly with their lender before submitting an offer. IMPORTANT PHOTO DISCLOSURE: Listing photos have been materially modified using AI to remove and conceal the sellers personal belongings and protect the sellers privacy. The edited photographs DO NOT accurately represent the propertys current interior condition. The property is currently in significantly different condition from what may appear in the modified photographs and requires a full renovation. Buyers should rely on an in-person showing, inspections, and their own due diligence when evaluating the property and the extent of repairs required. Property is being offered in its present condition. Buyers and their agents are encouraged to perform all necessary inspections and due diligence regarding property condition, renovation costs, financing eligibility, permits, systems, utilities, and intended use.