7 Olive Ave, Rehoboth Beach, 19971

$2,499,000

Subdivision Name: None Available
MLS #: Desu140752
Bedrooms: 5
Full Baths: 4
Half Baths: 1
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 properties successful income stream. A winning combination.

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Exterior Features

View
Ocean
Architectural Style
Coastal
Construction Materials
Frame
Exterior Features
Bbq Grill, outside Shower, lawn Sprinkler
Parking Features
Asphalt Driveway
Roof
Architectural Shingle
Water Body Type
Ocean

Interior Features

Heating
Central
Heating Fuel
None
Cooling
Central A/c
Fireplace
Y
Flooring
Carpet, ceramic Tile
Appliances
Built-in Microwave, built-in Range, cooktop, dishwasher, dryer - Electric, oven - Wall, oven/range - Electric, refrigerator, washer
Interior Features
Carpet, ceilngfan(s), combination Kitchen/dining, dining Area, entry Level Bedroom, family Room Off Kitchen, floor Plan - Open, window Treatments

Additional Details

High School
Cape Henlopen
Square Footage
2958
Acres
0.11
Year Built
1999
New Construction
N
Property Type
Residential
County
Sussex
Lot Size Dimensions
50.00 X 100.00
SchoolDistrictName
Cape Henlopen
Sussex DE Quadrants
East Of Rt 1