37419 5th St, Rehoboth Beach, De 19971
$825,000 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!
Contact Jack Lingo
Essentials
MLS Number
Desu2072208
List Price
$825,000
Standard Status
Active
Year Built
1959
New Construction
N
Property Type
Multi-family
Waterfront
N
Location
Address
37419 5th St, Rehoboth Beach, De
Subdivision Name
Bay Vista
Acres
0.18
Interior
Heating
Central
Heating Fuel
Propane - Leased, electric
Cooling
Central A/c, wall Unit
Hot Water
Electric
Fireplace
N
Square Footage
1750
Interior Features
- 2nd Kitchen
- Carpet
- Ceiling Fan(s)
- Entry Level Bedroom
- Kitchen - Island
- Bathroom - Stall Shower
- Window Treatments
- Wood Floors
Appliances
- Built-In Microwave
- Dishwasher
- Disposal
- Dryer - Electric
- Extra Refrigerator/Freezer
- Oven/Range - Electric
- Refrigerator
- Washer
- Water Heater
Additional Information
High School
Cape Henlopen
Listing courtesy of Nexthome Tomorrow Realty.