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The perfect opportunity with room to expand!!! Rarely Offered in a Great Location! Get close to nature in this quiet secluded neighborhood, Forgotten Mile. Close to Rehoboth Beach and Dewey Beach, and on the edge of peaceful Thompson Island State Park, this newly renovated house is perfect if you love the outdoors. Composed of three separate one-bedroom apartments, one per floor, each with its own private deck, this property offers great flexibility for income potential. Live in one unit and rent the other 2, or rent all 3. There is also a new shed with 3 individual storage units. With all new stainless steel kitchen appliances, new waterproof luxury vinyl flooring throughout, new windows and new insulation, and upgraded plumbing and electrical systems, this is your chance to own live and also rent the other units, while at the beach! All units have separate heat/air, electric and property like this is nearly impossible to find. Estimates: Per unit: 1100-1200 year round per month (tenant pays all utilities) OR 950-1100 weekly or seasonally 9500 guest pays electric, cable and wifi. You will love the convenience of this location!! Act now.
DAYS ON MARKET | 207 | LAST UPDATED | 8/2/2021 |
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TRACT | TRUITTS SUBRBN DEV | YEAR BUILT | 1980 |
COUNTY | SUSSEX | STATUS | Sold |
PROPERTY TYPE(S) | Single Family |
School District | CAPE HENLOPEN |
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Elementary School | REHOBOTH |
Jr. High School | BEACON |
High School | CAPE HENLOPEN |
PRICE HISTORY | |
Prior to Apr 28, '21 | $969,000 |
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Apr 28, '21 - May 18, '21 | $896,000 |
May 18, '21 - Today | $875,000 |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Central A/C, Ductless/Mini-Split, Multi Units |
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AIR CONDITIONING | Yes |
APPLIANCES | Built-In Range, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked |
CONSTRUCTION | Stick Built, Vinyl Siding |
EXTERIOR | Extensive Hardscape, Outbuilding(s), Secure Storage |
GARAGE | Crushed Stone |
HEAT | Central, Heat Pump(s), Wall Unit |
HOA DUES | None |
INTERIOR | Additional Stairway, Built-Ins, Ceiling Fan(s), Efficiency, Entry Level Bedroom, Kitchen - Efficiency, Pantry, Walk-in Closet(s) |
LOT | 6534 sq ft |
LOT DESCRIPTION | Backs to Trees, Cleared, Landscaping, Level, No Thru Street, Private, Secluded |
LOT DIMENSIONS | 64.22.00 x 99.00 |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | Cottage, Craftsman, Detached, Unit/Flat |
SUBDIVISION | TRUITTS SUBRBN DEV |
TAXES | 568.00 |
UTILITIES | Cable TV Available,Phone Available |
VIEW DESCRIPTION | Garden/Lawn,Trees/Woods |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jack Lingo - Rehoboth, sold by Jack Lingo - Rehoboth
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
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