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Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach! 38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually. Rent both units, or take advantage of the unique layout to live in one and rent the other, or easily convert both units into one single family residence! Whether looking for an investment property or your own coastal oasis, the options are endless...Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out.Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!
DAYS ON MARKET | 9 | LAST UPDATED | 9/16/2023 |
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TRACT | DODDS ADDITION | YEAR BUILT | 1980 |
COUNTY | SUSSEX | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
School District | CAPE HENLOPEN |
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ADDITIONAL DETAILS | |
AIR | Central A/C |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Dryer, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater |
BASEMENT | Full, Yes |
BUYER'S BROKERAGE COMPENSATION | 2.5 |
CONSTRUCTION | Stick Built, Vinyl Siding |
EXTERIOR | Flood Lights, Outside Shower |
GARAGE | Crushed Stone |
HEAT | Heat Pump(s) |
HOA DUES | None |
INTERIOR | Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Pantry, Skylight(s), Upgraded Countertops |
LOT | 6098 sq ft |
LOT DESCRIPTION | Landscaping |
LOT DIMENSIONS | 76.00 x 84.00 |
SEWER | Public Sewer |
STYLE | Coastal, Detached |
SUBDIVISION | DODDS ADDITION |
TAXES | 1884.54 |
WATER | Public |
ZONING | MR |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided 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.
Copyright 2023 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2023.