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.
| MLS # | DESU2112446 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | NONE AVAILABLE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1957 |
| Days On Site | 148 |
| Listing Provided By | Patterson-Schwartz-Brandywine | George W Manolakos |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 812 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R |
| Acreage | 0.11 |
| Rooms Total | 5 |
|---|---|
| Cooling | Central A/C |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Aluminum Siding |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Utilities | Above Ground |
|---|
| Tax Annual Amount | 1430 |
|---|
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | REHOBOTH BEACH |
| Zip Code | 19971 |
| Area | Lewes Rehoboth Hundred (31009) |
| Community Name | ANN ACRES |
| School District | CAPE HENLOPEN |
| High School | CAPE HENLOPEN |
| Listing VS Median (in ANN ACRES) | |
Price: $1,799,000 low | high Med: $1,899,000 sqft: 812 low | high Med: 810 $ / sqft: $2,216 low | high Med: $2,345 On site: 148 low | high Med: 148 | |
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | REHOBOTH BEACH |
| Zip Code | 19971 |
| Area | Lewes Rehoboth Hundred (31009) |
| Community Name | ANN ACRES |
| School District | CAPE HENLOPEN |
| High School | CAPE HENLOPEN |
| Listing VS Median (in ANN ACRES) | |
Price: $1,799,000 low | high Med: $1,899,000 sqft: 812 low | high Med: 810 $ / sqft: $2,216 low | high Med: $2,345 On site: 148 low | high Med: 148 | |