38242 Robinsons Dr, Rehoboth Beach, DE 19971

$1,895,000
List Price
$1,895,000
Days on Market
13
Status
ACTIVE
MLS#
DESU2048266
Lot Size (Acres)
0.14
Style
Coastal
Year Built
1980
County
Sussex
School District
Cape Henlopen

Property Description

Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach! 38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually. Rent both units, or take advantage of the unique layout to live in one and rent the other, or easily convert both units into one single family residence! Whether looking for an investment property or your own coastal oasis, the options are endless... Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out. Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Dodds Addition
Taxes
$1884.54
Interior Features
Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Pantry, Skylight(s)
School District
Cape Henlopen
Exterior Features
Flood Lights, Outside Shower
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Asphalt
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jack Lingo - Rehoboth. Contact: (302) 227-3883