« Back to results

$2,274,900.00

7 OLIVE

REHOBOTH BEACH, DE 19971

5 Bedrooms

5 Bathrooms

5000.00 Sq. Ft.

Year Built : 1999

List Date : 2019-05-20

MLS# : B DESU140752

Your sand castle awaits in North Rehoboth. Looking for an oceanblock rental investment property, look no more. This single family home had rental income exceeding $100,000 in 2018. Owner has kept property in immaculate condition and the returning guests come again and again. This inverted floor plan offers four bedrooms and three baths on the first floor and a second floor with master bedroom and bath, dining area, open kitchen, family room and enclosed porch with ocean views. Being just steps to Rehoboth's boardwalk and beach is a tenant and owner must. North Rehoboth keeps you far enough away from the commercial area yet close enough to easily walk to all of Rehoboth's main attractions. Capitalize on today's low interest rates and this property's successful income stream. A winning combination! Global Luxury!



FEATURES

  • Additional Rooms: N
  • Construction: Frame
  • County: SUSSEX
  • Equipment and Appliances: Built-In Microwave,Built-In Range,Cooktop,Dishwasher,Dryer - Electric,Oven - Wall,Oven/Range - Electric,Refrigerator,Washer
  • Exterior Features: BBQ Grill,Outside Shower,Lawn Sprinkler
  • Fireplace(s): 1
  • HOA Fees: N
  • Home View: Ocean
  • Interior Features: Carpet,Ceiling Fan(s),Combination Kitchen/Dining,Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Floor Plan - Open,Window Treatments
  • Over 55 Community: N
  • Parking: Asphalt Driveway
  • Roof Type: Architectural Shingle
  • Subdivision: NONE AVAILABLE
  • Tax Amount: $2,400.00
  • Tax Year: 2018
  • Utilities: Cable TV,Multiple Phone Lines,Phone
  • Water Type: Ocean
  • Waterfront: N

This listing is courtesy of COLDWELL BANKER RESORT REALTY - R