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38242 Robinsons Drive

REHOBOTH BEACH, DE 19971
  • $1,695,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: DESU2062626
$1,695,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

School District:

Description

POSSIBLE OWNER FINANCING at below market rate, interest only for 5 years for qualified buyers. Get ahead of the rate decline, then refinance. 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, each with 2 BRs 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 by simply cutting a door into the stairwell! 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. Easy to open the stairwell wall to combine the units. 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!

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www.chesapeakebayproperties.com/homes/150580233
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38242 Robinsons Drive REHOBOTH BEACH, DE 19971

  • Price: $1,695,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: DESU2062626
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1980
Built
Neighborhood:
Dodds Addition
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
POSSIBLE OWNER FINANCING at below market rate, interest only for 5 years for qualified buyers. Get ahead of the rate decline, then refinance. 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, each with 2 BRs 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 by simply cutting a door into the stairwell! 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. Easy to open the stairwell wall to combine the units. 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!
Exterior Features

Architectural Style Coastal Construction Materials Stick BuiltVinyl Siding Exterior Features Extensive HardscapeFlood LightsOutside Shower Garage YN No Parking Types DrivewayOff Site Patio And Porch Features ScreenedPorch(es) Pool No Pool Roof Asphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Appliances Oven/Range - ElectricRange HoodRefrigeratorExtra Refrigerator/FreezerIcemakerMicrowaveDishwasherWasherDryerWater Heater Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Heat Pump(s) Heating YN Yes Interior Features Combination Dining/LivingCombination Kitchen/LivingKitchen - EfficiencyUpgraded CountertopsPantrySkylight(s) Rooms Total 8 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished All

Property Features

Acceptable Financing Seller FinancingCashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Foundation Details Block Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 803073985242 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1885.00 Total Actual Rent 60000.00 Vacation Rental YN No Water Source Public Zoning GR

 
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Chesapeake Bay Properties | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601