21089 Elizabeth Ave, Rehoboth Beach, DE 19971, USA (Off Market)

For Sale, USD 1,799,000


21089 Elizabeth Ave, Rehoboth Beach, DE 19971, USA,

Property Type : Single Family Home

Property Style : N/A

Build Size : 812 ft² / 75 m²

Land Size : N/A

Bedroom : 2

Bathroom : 1

Half Bathroom : 0

MLS#: N/A


Property Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features two bedrooms, one 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 five to ten years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a fifty by one hundred lot just outside the city limits, this property also includes a newly rebuilt one bedroom, one 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 are 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.
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21089 Elizabeth Ave, Rehoboth Beach, DE 19971, USA, United States,Delaware,Rehoboth Beach is a 812ft² Rehoboth Beach luxury Single Family Home listed for sale USD 1,799,000. This high end Rehoboth Beach Single Family Home is comprised of 2 bedrooms and 1 baths. Find more luxury properties in Rehoboth Beach or search for luxury properties for sale in Rehoboth Beach.