7 Olive Avenue

REHOBOTH BEACH, DE 19971
  • $2,274,900
  • STATUS: Active
  • ON SITE: 199 days
  • ID#: DESU140752
UPDATED: 228 min ago
$2,274,900
  • 5
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 2,958
    SQFT
  • $769
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1999
County:

School Information

High School:
School District:

Description

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!

Monthly Payment Calculator



©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-05T23:54:15.397.
www.teamsordelet.com/homes/95003679

7 Olive Avenue REHOBOTH BEACH, DE 19971

  • Price: $2,274,900
  • Status: Active
  • Updated: 228 min ago
  • ID#: DESU140752
5
Beds
4
Baths
1
½ Baths
0.11
Acres
2,958
SQFT
$769
$/SQFT
1999
Built
Neighborhood:
None Available
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
High School:
Cape Henlopen
School District:
Cape Henlopen
Property Description
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!
Exterior Features

Architectural Style Coastal Construction Materials Frame Exterior Features Bbq GrillOutside ShowerLawn Sprinkler Garage YN No Location Type Downtown Other Structures Above GradeBelow Grade Parking Features Asphalt Driveway Parking Types Driveway Pool No Pool Riparian Rights YN No Roof Architectural Shingle View Ocean Water Access YN No Water Body Type Ocean Water Oriented YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 2958 Appliances Built-In MicrowaveBuilt-In RangeCooktopDishwasherDryer - ElectricOven - WallOven/Range - ElectricRefrigeratorWasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN Yes Fireplaces Total 1 Flooring CarpetCeramic Tile Furnished Yes Heating Central Heating YN Yes Inclusions Home To Be Conveyed Fully Furnished. Interior Features CarpetCeiling Fan(S)Combination Kitchen/DiningDining AreaEntry Level BedroomFamily Room Off KitchenFloor Plan - OpenWindow Treatments Laundry Type Main Floor Levels 2 Main Level Bedrooms 4 Spa YN No Upper Level1 Bedrooms 1 Walls Ceilings Dry WallCathedral Ceilings

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2018 Association YN No Building Name None Available Central Air YN Yes Condo YN No Cooling Fuel None Elevators 0 Entry Level 1 Heating Fuel None Historic YN No Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 301729451929 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Septic Structure Design Type Detached Tax Annual Amount 2400.36 Tax Lot 7 Total Actual Rent 103350.00 Utilities Cable TvMultiple Phone LinesPhone Vacation Rental YN Yes Water Source Public Zoning Q

Listing courtesy of Coldwell Banker Resort Realty - R.


©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-05T23:54:15.397.
 
The Team Sordelet Realty Group | Berkshire Hathaway HomeServices, Fox & Roach Realtors
850 Library Ave Ste 106
Newark DE, 19711