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Rehoboth Beach,DE 19971
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 812 sqft
Price per Sqft $2,216
Subdivision Ann Acres
MLS Listing ID DESU2098786
Style Ranch/Rambler
Bedrooms 2
Full Baths 1
Year Built 1957
Annual Tax Amount $1,430
Tax Year 2025
Lot Size 4,792 Sqft
Property Sub-Type Detached
Property Description
This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning R
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Brick
Inclusions All Appliances
Exterior
Utilities Available Above Ground
Water Access N
Building
Story 1
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Cape Henlopen
School District Cape Henlopen
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://vt-idx.psre.com/BR11284