37419 5TH ST Active Save Request In-Person Tour Request Virtual Tour
Rehoboth Beach,DE 19971
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $485
Subdivision Bay Vista
MLS Listing ID DESU2072208
Style Cape Cod
Year Built 1959
Annual Tax Amount $660
Tax Year 2023
Lot Size 7,700 Sqft
Property Description
Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won't want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning AR-1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C,Wall Unit
Inclusions Upstairs furnished as shown
Equipment Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Extra Refrigerator/Freezer,Oven/Range - Electric,Refrigerator,Washer,Water Heater
Exterior
Waterfront N
Water Access N
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Septic
Water Public
New Construction N
Schools
High Schools Cape Henlopen
School District Cape Henlopen
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard