20540 Washington Rehoboth Beach, DE 19971

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Agent Description

Two dwellings on one lot make this property an affordable second home and great investment property. The front house offers1152 square feet, 2 bedrooms and a full bath in an A frame house with loads of character and charm. The back cottage offers 494 square, feet 1 bedroom and a full bath for a great guest house or rental unit. These dwellings are never empty and are in high demand given their close proximity to the beach, boardwalk, and restaurants. With some elbow grease they would shine! Both dwellings create over $28,000 in rental income. The lot is long and offers a shed and room for a pool! The best is that there is no flood insurance required!!! The age is an estimate. Don't let this one slip by!!

• Pricing and Costs

• Price:

  $399,900

• County Taxes:

  $485

• Ownership:

  Fee Simple

• Property Information

• MLS Number:

  720259

• Bedrooms:

  3

• Bathrooms:

  2

• Stories:

  2

• Total Sqft:

  1,646

• Year Built:

  1970

• Type:

  Residential

• Subtype:

  Single Family

• Style:

  A Frame, Cabin/Bungalow

• Listing Details

• Listing Office:

  PATTERSON SCHWARTZ ASSOCIATES

• Date Listed:

  May 09, 2017

• Days on Market:

  338

• Location Information

• Address:

  20540 Washington

• City:

  Rehoboth Beach

• State:

  DE

• Zip Code:

  19971

• Subdivision:

  Rehoboth Manor

• Interior

• Furnished:

  No

• Interior Features:

  Bedroom-Entry Level, Vaulted Ceilings

• Appliances:

  Dishwasher, Dryer-Electric, Microwave, Range Hood, Washer

• Heating:

  Gas - Propane

• Cooling:

  Wall Unit, Window Unit(s)

• Fireplace:

  None

• Attic:

  None

• Basement:

  Crawl Space

• Exterior

• Construction:

  Stick/Frame

• Foundation:

  Concrete Block

• Roof:

  Asphalt Shingle

• Exterior Type:

  Vinyl Siding, Wood

• Amenities

• Parking:

  Driveway/Off Street

• Garages:

  None

• School Information

• District:

  Cape Henlopen

This listing appears courtesy of the SCAOR MLS and Patterson Schwartz Associates. Data displayed here has not been verified by Ocean Atlantic Sotheby's Intl Realty.