38242 Robinsons Dr

Rehoboth Beach, DE 19971

$1,695,000.00

price

4

beds

3/

baths

0.14 acres

lot size

POSSIBLE OWNER FINANCING at below market rate, interest only for 5 years for qualified buyers. Get ahead of the rate decline, then refinance.
Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach!
38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of ‘Dodds Addition’ just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually.
Rent both units, or take advantage of the unique layout to live in one and rent the other, or EASILY CONVERT both units into one single family residence by simply cutting a door into the stairwell! Whether looking for an investment property or your own coastal oasis, the options are endless…
Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out.
Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach.
Don’t miss this rare opportunity!

General Details

StatusActive
List Price$1,695,000.00
Address38242 Robinsons Dr
Rehoboth Beach DE 19971
MLS NumberDESU2057676
Beds4
Baths3/
Lot Size (Acres)0.14
Lot Size (Sq. Ft.)6098.00
Levels/Stores2
BasementFull
GarageNo
Structure TypeDetached
New ConstructionNo
Year Built1980
StyleCoastal
Tax ID334-20.09-37.00
Ownership InterestFee Simple
AgentRandy Mason
BrokerageJack Lingo Rehoboth

Location

Latitude38.70582161
Longitude-75.08261686
In City LimitsNo
MLS AreaLewes Rehoboth Hundred (31009)
Legal SubdivisionDodds Addition
School DistrictCAPE HENLOPEN

Water Access

WaterfrontNo

Associaton/HOA

HOANo
Condo/Coop AssociationNo
Senior CommunityNo

Utilites Information

Water SourcePublic
Sewer/SepticPublic Sewer
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Heating FuelElectric
Hot WaterElectric

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Jack Lingo Rehoboth

Courtesy of: Jack Lingo Rehoboth

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Date last updated: 05/21/2024 01:32:09 PM