39 N NEW ST Dover, DE 19904

Investor opportunity. Two lots in the RG3 Group Housing Zone of the City of Dover. Current owner has done much of the leg work to combine the lots and develop into 3 townhome structure. Loads of incentives are available to developers via the Downtown Dover Redevelopment Project such as permit fee & impact fee waivers, property tax abatements and transfer tax rebates as well as possible financing incentives through the housing authority. Listing agent has information and preliminary site plan on file in the office. If new owner chooses to use the floor plans on file, the City of Dover will require an acctual engineering design be provided for permitting purposes. The plans on file are drawn by draftsman and meet set back, square footage and all other requirements. All current correspondence with the City and sellers surveyor will also be provided with an acceptable agreement of sale.