20540 Washington Street,  Rehoboth Beach DE, 19971

(Active)
$399,900
|
3 beds, 2 Full baths, 1,646 sqft
|
MLS# 6980283
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Last Updated: 10/17/2017 5:59 AM
Description for 20540 Washington Street Rehoboth Beach, DE 19971
Two dwellings on one lot make this property an affordable second home and great investment property. The front house offers1152 square feet, 2 bedrooms and a full bath in an A frame house with loads of character and charm. The back cottage offers 494 square, feet 1 bedroom and a full bath for a great guest house or rental unit. These dwellings are never empty and are in high demand given their close proximity to the beach, boardwalk, and restaurants. With some elbow grease they would shine! Both dwellings create over $28,000 in rental income. The lot is long and offers a shed and room for a pool! The best is that there is no flood insurance required!!! The age is an estimate. Don't let this one slip by!!
Price
$399,900
Rehoboth Manor
SUSSEX
3
2 Full
1,646 (approx)
6980283
Active
Description
Two dwellings on one lot make this property an affordable second home and great investment property. The front house offers1152 square feet, 2 bedrooms and a full bath in an A frame house with loads of character and charm. The back cottage offers 494 square, feet 1 bedroom and a full bath for a great guest house or rental unit. These dwellings are never empty and are in high demand given their close proximity to the beach, boardwalk, and restaurants. With some elbow grease they would shine! Both dwellings create over $28,000 in rental income. The lot is long and offers a shed and room for a pool! The best is that there is no flood insurance required!!! The age is an estimate. Don't let this one slip by!!
Listing Information
Property Type: Single Family, Bungalow, 1-1/2 Story
3 2 Full
10 0.18 Acres Seller
1,646 (approx) 1970 1.5
Vinyl Siding, Wood
Rehoboth Manor
Block, Brick
Neighborhood
School Information
District: Cape Henlopen
Room Information
Main Floor
12X10
12X10
17X8
10X6
14X12
13X10
13X8
13X8
Upper Floor
12X10
12X8
Bathrooms
2
Den/Study, Family Room, Kitchen, Living Room, Utility Room, Mud Room
First Floor Laundry
Interior Features
Electric Range/Cooktop
Wall Air Conditioning
Gas Heat, Forced Air
Crawl
3
Cathedral
Exterior / Lot Features
Wood, Vinyl
Deck
Shingle, Rolled
None
55X156X50X158
GR
Front Yard, Back Yard, Side Yard
Financial Considerations
$485
Conventional
Listing Price History

Rehoboth Beach Real Estate

Rehoboth Beach is located in Delaware. Rehoboth Beach, Delaware 19971 has a population of 1,458.

The median household income in Rehoboth Beach, Delaware 19971 is $79,297. The median household income for the surrounding county is $53,505 compared to the national median of $53,482. The median age of people living in Rehoboth Beach 19971 is 62.9 years.

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Courtesy: Lisa Mathena - Patterson-Schwartz-Dover
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
Information is deemed reliable but is not guaranteed.

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