31 Olive Avenue Unit #A, Rehoboth Beach, DE 19971

$1,997,000
7
BD
8
BA
4,200
SqFt
List Price
$1,997,000
Days on Market
20
Status
ACTIVE
MLS#
DESU183860
Bedrooms
7
Bathrooms
8
Full Baths
7
Half Baths
1
Living Area
4,200
Lot Size (Acres)
0.37
Style
Victorian
Year Built
1900
County
Sussex
School District
Cape Henlopen

Property Description

A Rehoboth Beach landmark; this 7 bedroom 7.5 bath home perched at the corner of First Street and Olive Avenue has the best porch in town if you are looking to people watch or just enjoy the ocean breeze. Generous living spaces, first floor master suite, large kitchen suitable for multiple cooks, beautiful wood floors and grand staircase and just a block to the ocean make this offering perfect for family and friends or continue as a rental machine yielding over 125K per season. This is part of a 3-unit condo regime with parking for 4 cars. Home can be shown between rental change overs on Friday between 11-3. Priced determined with consideration for future second floor bathroom upgrades. Seller has continually maintained and upgraded this home.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
North Rehoboth
Taxes
$2677
Condo Fee
$5040
Interior Features
Attic, Entry Level Bedroom, Kitchen - Eat-In, Wood Floors
School District
Cape Henlopen
Fireplaces
1
Fireplace Description
Gas/Propane
Exterior Features
Outside Shower
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
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.