51 MARYLAND AVENUE, Rehoboth Beach, DE 19971

$2,500,000 Asking Price

6 beds
4 baths
Built in 1950

2 separate buildings on one parcel! Main house and bungalow currently set up as 3 units *** Opportunity knocks in Downtown Rehoboth Beach!! Multi-Unit Residential Property set up as 3 units. Value is in the prime location and rental potential. The main cottage style house has 4 bedrooms and 2 full bathrooms and taking on summer weekly rentals. The rear bungalow bi-level is set up as a 1 bedroom apartment on the first floor (ready for rentals) and the 2nd floor efficiency is due for renovations. Wide open backyard platform deck for outdoor living. Off street parking for 3-4 vehicles. Within 2 blocks to the boardwalk and 2 blocks to Rehoboth Ave, a great location for investment or year round living!

Features & Amenities

Interior

General:
Kitchen - Island,2nd Kitchen,Efficiency,Kitchen - Galley,Upgraded Countertops,Ceiling Fan(s),Wood Floors
Appliances:
Dishwasher,Exhaust Fan,Microwave,Refrigerator,Washer/Dryer Stacked,Water Heater,Icemaker,Oven/Range - Electric,Range Hood,Dryer - Electric,ENERGY STAR Refrigerator,ENERGY STAR Dishwasher
Laundry:
Dryer In Unit,Upper Floor,Washer In Unit
Basement:
Workshop,Outside Entrance,Partial,Unfinished
Flooring:
Hardwood,Carpet,Vinyl
A/C:
Window Unit(s),Ceiling Fan(s),Central A/C
Heating:
Y, Baseboard - Electric,Forced Air, Electric,Propane - Owned
Disability Feature:
Doors - Swing In,32"+ wide Doors

Exterior

General:
Secure Storage,Outside Shower,BBQ Grill, Above Grade,Below Grade
Style:
Bungalow,Cape Cod,Coastal,Dwelling w/Separate Living Area,Other
Parking:
Brick Driveway,Private

Construction

Roofing:
Shingle
Windows:
Screens,Wood Frame
General:
Frame,Vinyl Siding,Other, 2, Permanent,Block

Location

Originating MLS:
BRIGHT_MAIN
School District:
CAPE HENLOPEN
County:
SUSSEX

Lot

Zoning:
TN, 334-14.13-393.00
View:
Street
Fencing:
Chain Link,Partially,Wood
Current Use:
999

Utilities

Utilities:
Electric Available,Propane,Cable TV Available, 120/240V,Circuit Breakers,150 Amps
Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Redfin Corporation, April Love Raimond

About Rehoboth Beach, DE

Housing

Number of Units
17,162
Median Home Value
$453,138
Median Rent
$1,146

11.89% of housing units are renter occupied.

54.36% are vacant.

Commute

Car
49.90%
Public Transportation
0.42%
Walk to Work
1.01%
Work from Home
47.58%
Other
0.13%

The median travel time to work is 13 minutes.

People

Population
15,337
Median Age
59.70
Median Household Size
2.27

Education

High School
22.01%
Associate’s Degree
6.78%
Bachelor’s Degree
31.57%
Graduate Degree
20.80%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: