20540 Washington Street, Rehoboth Beach, DE 19971

$399,900
3
BD
2
BA
1,646
SqFt
List Price
$399,900
Days On Market
674
Status
ACTIVE
MLS#
1000330215
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,646
Lot Size (Acres)
0.18
Style
Bungalow
Year Built
1970
County
Sussex
School District
Cape Henlopen

Property 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!!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Rehoboth Manor
Taxes
$485
Stories
1
School District
Cape Henlopen
Flooring
Wood, Vinyl
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Wall Unit
Roof
Pitched, Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Patterson-Schwartz-Dover.