74 Mercer Dr, Newark, DE 19713

Rent-to-Own offering. You can rent this beautiful home for up to 3 years and purchase it when you are ready during that time. Sale price $169,000 and purchase option is $5,000. Under Rent-to-Own will rent for $1,550 with a $200 credit going towards closing for each on time monthly payment. This assists the homebuyer in saving for their down payment required for closing. Home prices in the area are rising quickly, this offering allows you to lock in your purchase price now, even though you may not be ready to close. Perfect arrangement for someone that is rebuilding their credit and needs a home, but is not quite ready to be approved for a loan. Move in now, enjoy the home, purchase it when you are ready. This Newark home has been fully renovated throughout. New paint, flooring, kitchen and bath make it a real gem. The eat-in kitchen has new cabinets, countertop and stainless appliances which include a dishwasher and built in microwave. The kitchen and living room have laminate flooring while the family room and bedrooms have new carpet. A new Washer / Dryer combination is included. Back yard adjoins the U of D cornfield on route 72. Great location with easy access to Newark, Rt 72, Rt 4, I-95 and the mall area. Inside the 5 mile preferred radius for Newark Charter School. This home has central heat/air and electric water heater. Pets are accepted but must be approved by the property manager. We do a full background check to include credit, evictions, and work history. Minimum income must be three times the rent. Rent-to-Own offering. You can rent this beautiful home for up to 3 years and purchase it when you are ready during that time. Sale price $169,000 and purchase option is $5,000. Under Rent-to-Own will rent for $1,550 with a $200 credit going towards closing for each on time monthly payment. This assists the homebuyer in saving for their down payment required for closing. Home prices in the area are rising quickly, this offering allows you to lock in your purchase price now, even though you may not be ready to close. Perfect arrangement for someone that is rebuilding their credit and needs a home, but is not quite ready to be approved for a loan. Move in now, enjoy the home, purchase it when you are ready.