$1,855,000
$1,895,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,100 SqFt
SOLD DATE : 10/05/2018
Key Details
Sold Price $1,855,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $598
Subdivision South Rehoboth
MLS Listing ID 1002149072
Sold Date 10/05/18
Style Coastal
Bedrooms 8
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 3,100
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,874
Lot Size 7,096 Sqft
Acres 0.16
Property Description
Great investment opportunity! Just steps to the beach from this ocean block location in South Rehoboth. This property consists of two separate structures totaling four charming and well maintained 2 bedroom, 1 bath units situated on an oversized lot (7,075 SF) that is highly desired in Rehoboth Beach. In addition, this property boasts 4 off street rear parking spaces, bike rack, grilling area, outdoor shower, a shared remodeled laundry room and more. 2017 produced $130,000 in weekly rental income.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TOWN CODES
Rooms
Main Level Bedrooms 4
Interior
Interior Features Window Treatments, Kitchen - Eat-In, Ceiling Fan(s)
Heating Baseboard
Cooling Window Unit(s)
Flooring Carpet, Hardwood, Tile/Brick, Vinyl
Equipment Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Heat Source Electric
Exterior
Exterior Feature Deck(s), Enclosed, Porch(es), Screened
Water Access N
View Ocean
Roof Type Asphalt,Shingle
Accessibility None
Porch Deck(s), Enclosed, Porch(es), Screened
Garage N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Senior Community No
Tax ID 334-14.18-108.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Joseph S Maggio Jr. • JOE MAGGIO REALTY
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.