20920 South Ave

Rehoboth Beach, DE 19971

$1,100,000.00

price

5

beds

4/0

baths

0.11 acres

lot size

Dewey Beach INVESTMENT OPPORTUNITY ! 2 Houses in One ! Just blocks to the beach and walking distance to Dewey Nightlife on South Avenue. Rent the bottom 3 BR/ 2 BA unit and keep the top unit with 2 BR/ 2BA for yourself. Or you could rent the entire house and make double the income. Another option is to find a friend and both buyers can have a spot in Dewey for a fraction of the price. Bottom rental has received up to $25k for the season but could be much more for weekly rentals on VRBO, as surrounding properties get $3000 and up / weekly. Walk to the beach and all of Dewey Beach attractions. This property has great potential! Check it out today and start your own, “ Dewey Way of Life!”

General Details

StatusActive
List Price$1,100,000.00
Address20920 South Ave
Rehoboth Beach DE 19971
MLS NumberDESU2029470
Beds5
Baths4/0
Lot Size (Acres)0.11
Lot Size (Sq. Ft.)5009.00
Levels/Stores2
GarageNo
Structure TypeDetached
New ConstructionNo
Year Built1982
StyleContemporary,Dwelling with Rental,Raised Ranch/Rambler
Tax ID334- 20.13-23.01
Ownership InterestFee Simple
AgentJoseph Lingo
BrokeragePatterson-schwartz-rehoboth

Location

Latitude38.70041300
Longitude-75.08162400
In City LimitsNo
MLS AreaLewes Rehoboth Hundred (31009)
School DistrictCAPE HENLOPEN

Water Access

WaterfrontNo

Associaton/HOA

HOANo
Senior CommunityNo

Utilites Information

Water SourcePublic
Sewer/SepticPublic Sewer
Central AirYes
Cooling TypeCentral A/C,Heat Pump(s)
Cooling FuelElectric
Heating FuelElectric
Hot WaterElectric

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Date last updated: 10/07/2022 04:52:05 AM