9 Hickman St Rehoboth Beach, DE 19971

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Agent Description

Located in the OCEAN BLOCK of prestigious South Rehoboth on a rare oversized 7,075 sq. ft. (50 ft x141.50 ft) lot just steps from the Rehoboth Beach boardwalk and Atlantic surf, this home was once an actual whaling cottage located directly on the beach. It was later pulled up with logs and mules to the current location - just five lots from the beach. These circa 1920's/1950's dwellings have been continually maintained with upgrades with today's lifestyle in mind; however, the quintessential charm remains. The property provides coveted off-street rear parking (4 spaces), bike rack, grilling area, outdoor shower and a shared remodeled laundry room. The TWO STRUCTURES provide 4 SEPARATE UNITS, licensed for rental, that have been utilized for weekly rental income. 2017 generated $130,000 in rental income! Buy now and benefit from the proceeds booked for the 2018 season. Use as an investment property or convert the property for your own home at the beach - either way, it wonРІР‚в„ўt last long!

• Pricing and Costs

• Price:

  $2,450,000

• City Taxes:

  $597

• County Taxes:

  $1,224

• Ownership:

  Fee Simple

• Property Information

• MLS Number:

  728231

• Bedrooms:

  8

• Bathrooms:

  4

• Stories:

  2

• Total Sqft:

  3,100

• Year Built:

  1920

• Type:

  Residential

• Subtype:

  Single Family

• Style:

  Coastal, Flat/Apartment

• Listing Details

• Listing Office:

  LONG AND FOSTER-REHOBOTH

• Date Listed:

  Mar 12, 2018

• Days on Market:

  31

• Location Information

• Address:

  9 Hickman St

• City:

  Rehoboth Beach

• State:

  DE

• Zip Code:

  19971

• Subdivision:

  South Rehoboth

• Interior

• Furnished:

  Yes

• Interior Features:

  Cable TV Prewired, Ceiling Fan(s), Insulated Window(s), Screen(s), Storm Door(s), Window Treatments

• Appliances:

  Cable TV Pre Wired, Dishwasher, Disposal, Dryer-Electric, Fridge w/Ice Maker, Microwave, Oven/Range Electric, Washer, Water Heater Electric

• Heating:

  Baseboard Electric

• Cooling:

  Window Unit(s)

• Fireplace:

  None

• Attic:

  None

• Basement:

  Crawl Space

• Exterior

• Construction:

  Stick/Frame

• Foundation:

  Concrete Block

• Roof:

  Asphalt Shingle

• Exterior Type:

  Asbestos Shingle

• Exterior Features:

  Fencing-Full, Outside Shower

• Lot Description:

  Landscaped

• Amenities

• Parking:

  Assigned, Driveway/Off Street

• Garages:

  None

• Community Amenities:

  Sidewalks

• School Information

• District:

  Cape Henlopen

This listing appears courtesy of the SCAOR MLS and Long and Foster-rehoboth. Data displayed here has not been verified by Ocean Atlantic Sotheby's Intl Realty.