37 Maryland Avenue, Rehoboth Beach $1,995,000

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MLS#: 705238
Bedrooms: 5
Full Baths: 4
Half Baths: 1
Price: $1,995,000
Community: North Rehoboth
Town: Rehoboth Beach

POOL! POOL! POOL! Investors' dreams come true!! Over 2,900 sq ft with 512 sq ft of open decks/porches, this property could not be re-recreated today due to the limitations of the new building rules! Walk everywhere! 1.5 blks to the beach! And, close to in-town restaurants & shops. One of only two homes that comprise the condominium of Maryland Court - NO HOA, NO condo fees, NO shared maintenance! Open floor plan with large eat-in kitchen, NEW SS appliances 2016, family room with built-ins, fireplace & 60" TV. Three master bedrooms and TVs in every bedroom. Screened porch overlooking the pool and front & rear second floor decks. New pool liner October 2016. New sand and pump in pool filter 2017. New HVAC condensers & capacitors 2017. Off street parking for three cars. 2017 Rental income over $115,000. 2018 estimated income $118,000 with over 15 weeks rented - let the $42,000 rental credit pay your closing costs at settlement!

Interior Features

Flooring: Carpet,hardwood,tile
Fireplace: Gas
Furnished: Yes
Appliances: Dishwasher,disposal,dryer-electric,exhaust Fan,microwave,oven/range Electric,oven-self Cleaning,refrigerator,washer,water Heater Electric
Kitchen: Breakfast Bar,eat In
Basement: Crawl Space
Attic: Access Only
Other Interior Features: Bedroom-entry Level,built In Bookcases,cable Tv Prewired,ceiling Fan(s),fireplace-gas,insulated Window(s),mbed-full Bath,mbed-separate Shower And Tub,pull-down Attic Stairs,screen(s),two Master Bedrooms,vaulted Ceilings,window Treatments
Heating: Heat Pump(s)
Cooling: Heat Pump(s)

Additional Details

Lot Size/Acres: 0.11
Lot Dimensions: 50'x100'
Year Built: 2005
Square Feet: 2900
Section: East Of Rt. 1
School District: Cape Henlopen

Exterior Features

Style: Colonial,contemporary
Construction: Stick/frame
Exterior Type: Vinyl Siding
Other Exterior Features: Fencing-full,outside Shower,pool-in Ground
Foundation: Concrete Block
# of Stories: 2
Roofing Type: Architectural Shingle
Garage: None
Parking: Driveway/off Street
Porch/Deck: Deck - Front,deck - Rear,porch - Front,porch - Screened
Pool: Inground