31 Virginia Avenue, Rehoboth Beach, DE 19971

$1,295,000
4
BD
2
BA
2,700
SqFt
List Price
$1,295,000
Price Change
▼ $80,000 1538768371
Days on Market
390
Status
ACTIVE
MLS#
1001569046
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,700
Lot Size (Acres)
0.07
Style
Salt Box
Year Built
1910
County
Sussex
School District
Cape Henlopen

Property Description

Drastic Reduction! Least expensive single-family home in the ocean block of downtown Rehoboth. The property is situated on a 43 x 75 lot and has 2 rental licenses. The main house has been a great rental property with $52k rentals for 2018. The home is being offered fully furnished, has hardwood floors, a renovated kitchen with granite counters, wood burning fireplace, wrap around sun porch and handsome original doors and baseboards. The garage efficiency apartment needs a complete renovation and has the potential for $8000 seasonal rental income. This is a great in-town location on the ocean block corner of Virginia Avenue and 1st Street, adjacent to Lake Gerar. Recent updates include a new roof for the main house and garage apartment, as well as a conditioned encapsulated crawl space with wireless remote temperature/humidity sensor. Being sold ~as is.~ Buyer may do inspections for informational purposes only.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
North Rehoboth
Stories
2
Interior Features
Attic, Entry Level Bedroom, CeilngFan(s), Window Treatments
School District
Cape Henlopen
Fireplaces
1
Fireplace Description
Wood
Flooring
Carpet, Hardwood, Tile/Brick
Exterior Features
Outside Shower
Heating
Heat Pump(s), Zoned
Heating Fuel
Other
Cooling
Central A/C
Roof
Shingle, Asphalt
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 RE/MAX REALTY GROUP REHOBOTH.