37 Virginia Avenue Unit #A, Rehoboth Beach, DE 19971

$1,450,000
7
BD
4
BA
List Price
$1,450,000
Days On Market
19
Status
ACTIVE
MLS#
DESU134100
Bedrooms
7
Bathrooms
4
Full Baths
3
Half Baths
1
Lot Size (Acres)
0.48
Style
Cottage, Cape Cod
Year Built
1936
County
Sussex
School District
Cape Henlopen

Property Description

Location, location, location. Vacation or Investment - this home is loaded with character with many of the original finishes. It is located just one block to the ocean with an ocean view, fronts Lake Gerar on a dead end street and walking distance to downtown Rehoboth Beach . This cottage welcomes you with its front porch or relax on the back deck with views of the lake. It is fully furnished with 7 bedrooms - 5 in the main house and 2 in the basement apartment. Excellent rental income with the potential for more. 2018 rental net was approximately $52,000 for the main house alone (owners frequently used basement) which has separate entrance and rents separately.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
North Rehoboth
Taxes
$1974
Stories
2
Interior Features
2nd Kitchen, Attic, Built-Ins, Combination Kitchen/Dining, Window Treatments
School District
Cape Henlopen
Fireplaces
1
Fireplace Description
Gas/Propane, Stone
Flooring
Carpet, Hardwood, Tile/Brick
Exterior Features
Outside Shower
View
Garden/Lawn, Lake, Street
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Asbestos 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 LONG AND FOSTER - OC.