21089 Elizabeth Avenue, Rehoboth Beach, DE 19971
Property Details
1
Description
This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.
PROPERTY DETAILS: Square Feet: 812 | Bathrooms: 1
INTERIOR FEATURES: • Square Footage (approx): 812 Sq. Ft. Above Ground, Sq. Ft. Below Ground • Cooling: Central Air, Electric • Heating: Electric Heating, Forced Air • Plumbing: Electric Water Heater • Basement: Partial • Fireplaces: 1 Masonry
EXTERIOR FEATURES: • Parking: Driveway. • Exterior: Aluminum • Pool Description: None • Lot Dimensions: 50 X 100 • Zoning: R
LISTING AGENT: Agent: George Manolakos | Office: Patterson-Schwartz-Brandywine | Phone: 3025292690 | Email: [email protected]
LISTING INFORMATION: MLS#: DESU2112446 | Status: FOR SALE
Location
Address
21089 Elizabeth Avenue
City
Rehoboth Beach
Features and Finishes
Interior Features:
• Square Footage
(approx): 812 Sq. Ft. Above Ground, Sq. Ft. Below Ground
• Cooling: Central Air, Electric
• Heating: Electric Heating, Forced Air
• Plumbing: Electric Water Heater
• Basement: Partial
• Fireplaces: 1 Masonry
Exterior Features:
• Parking: Driveway.
• Exterior: Aluminum
• Pool Description: None
• Lot Dimensions: 50 X 100
• Zoning: R
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