OCEAN BLOCK home on Carolina Street features hardwood floors, open floor plan with vaulted ceilings, wood burning fireplace, a large screened porch for gatherings, master bedroom with full bath, rear deck wraps around to side of the home, laundry room has washer, dryer and an extra refrigerator. Outdoor shower, shed and so much more. Being sold in “As Shown Condition”, fully furnished including the dishes! Inspections for information purposes only. In-season/summer rental income potential up to $4,000 per week.
Is this your time to own a cottage in Rehoboth By the Sea community North Dewey Beach? ! A unique opportunity to own one of the classic models that are seen throughout North Dewey. Property has a new 60 year lease so conventional financing is available. it is secluded in the middle of the block with mature trees and shrubbery. Family used never rented and waiting for the next family to experience what this part of Dewey has to offer. a block and a half to beach and walking distance into Rehoboth.
Investor Alert! This home is in the Beach Block in Dewey, includes all furniture and is turn-key! This property consists of two dwellings. The front house has 5 bedrooms and 3 1/2 baths. The back cottage has two bedrooms and 1 bath. Both 2016 and 2017 rental income for this property was over $60,000. There are 7 years remaining on the land lease. A new 60 year land lease to be negotiated with Rehoboth By the Sea will run $23,750/year.