Discover a hidden gem in the heart of Millsboro, where investment potential meets timeless charm! This spacious 5-bedroom, 2-bathroom Colonial home, built in 1940, offers a unique opportunity for savvy investors looking to capitalize on a property with character and room for growth. Set on an expansive 1-acre lot, this detached residence boasts ample outdoor space, perfect for future development or creating a serene retreat. The full basement provides additional storage or the potential for conversion. With off-street parking for over 5 vehicles, convenience is at your fingertips, making this property attractive to future tenants or buyers. While the home is currently in below-average condition, this presents a blank canvas for renovation enthusiasts. Imagine transforming this classic Colonial into a modern masterpiece, increasing its value significantly. The potential for appreciation in this desirable neighborhood is substantial, making it an ideal investment for those looking to build equity. Whether you choose to renovate and rent, flip for profit, or hold for long-term appreciation, the possibilities are endless. Don't miss out on this exceptional opportunity to invest in a property with both charm and potential! In addition, some of the major updates have been completed, such as a New Septic (2022), Newer roof, a New boiler, and New windows.