7 Olive Avenue, Rehoboth Beach, DE 19971
- $2,274,900
- 5
- BD
- 5
- BA
- 2,958
- SqFt
- List Price
- $2,274,900
- Price Change
- ▼ $224,100 1566942893
- Closing Date
- Apr 06, 2021
- Days on Market
- 648
- Status
- PENDING
- MLS#
- DESU140752
- Bedrooms
- 5
- Bathrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Living Area
- 2,958
- Lot Size (Acres)
- 0.11
- Style
- Coastal
- Year Built
- 1999
- County
- Sussex
- School District
- Cape Henlopen
Property Description
Your sand castle awaits in North Rehoboth. Looking for an oceanblock rental investment property, look no more. This single family home had rental income exceeding $100,000 in 2018. Owner has kept property in immaculate condition and the returning guests come again and again. This inverted floor plan offers four bedrooms and three baths on the first floor and a second floor with master bedroom and bath, dining area, open kitchen, family room and enclosed porch with ocean views. Being just steps to Rehoboth's boardwalk and beach is a tenant and owner must. North Rehoboth keeps you far enough away from the commercial area yet close enough to easily walk to all of Rehoboth's main attractions. Capitalize on today's low interest rates and this property's successful income stream. A winning combination! Global Luxury!
Additional Information
- Area
- Lewes Rehoboth Hundred (31009)
- Subdivision
- None Available
- Taxes
- $2400.36
- Interior Features
- Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Window Treatments
- School District
- Cape Henlopen
- High School
- Cape Henlopen
- Fireplaces
- 1
- Flooring
- Carpet, Ceramic Tile
- Exterior Features
- BBQ Grill, Outside Shower, Lawn Sprinkler
- View
- Ocean
- Heating
- Central
- Heating Fuel
- None
- Cooling
- Central A/C
- Roof
- Architectural Shingle
- Utilities
- Cable TV, Multiple Phone Lines, Phone
- Water
- Public
- Sewer
- Public Septic
Mortgage Calculator
Listing courtesy of Coldwell Banker Resort Realty - Rehoboth.