37490 WASHINGTON STREET, Rehoboth Beach, DE 19971

$1,595,000 Asking Price

6 beds
4 baths
2,400  sqft
Built in 2008

Don't miss this one of a kind 3 unit compound located in the heart of Rehoboth Beach. Priced to sell, this property has the vibe of a key west resort with it's common courtyard, metal roofs and pastel colored Bungalows. A short walk to the beach and boardwalk and all that downtown Rehoboth has to offer, makes this a great investment for rental income or a great opportunity to entertain family and friends. The property consists of 3 Bungalow type homes, all of which have been meticulously updated and maintained. Electric and cable services are separate for each building and the property shares a common water bill. The sprinkler/irrigation system is fed by a well to reduce water bills during the summer months. 37490 Washington St. (Pink Bungalow) offers 2 bedrooms and 1 bath. The kitchen has updated appliances, a beautiful backsplash and a large breakfast bar. The bathroom has a beautiful walk in tile shower and also has the washer/dryer. This cozy home has beautiful hardwood floor and a built in audio /speaker system. The small front porch greats you when you enter and there is a larger deck off of the back door for entertaining and relaxing; 37492 Washington St. (Green Bungalow) offers a large deck overlooking the courtyard as you enter. There is a nicely equipped kitchen with Granite breakfast bar and cozy living room area. This home boasts 2 bedrooms and 1 bathroom equipped with a washer and dryer. Luxury Vinyl flooring is throughout as well as an outdoor shower. 37488 Washington St. (Blue Bungalow) The largest of the 3 homes, you walk in through the large screened in porch for your entertaining needs. The great room of this home boast a huge kitchen island and granite countertops. Updated appliances and a washer and dryer are included. There is plenty of room for dining and living room furniture in the large open space. There are 2 generously sized bedrooms and 2 bathrooms. A private deck is located just through the living room sliding door. Luxury Vinyl flooring throughout make this floorplan seamless and the vaulted ceilings give a modern and spacious feel. An outdoor shower is located behind the house. New HVAC installed in 2022 Porches/Decks are all made with composite decking, the common courtyard area is covered in beautiful slate and landscaped beautifully. Exterior lighting system makes for a beautiful and tranquil evening Oasis. Off-street parking for 7 cars All furniture is negotiable for sale. NO HOA fees and the possibility of turning this property into Condos may be the investment you are looking for.

Features & Amenities

Interior

General:
Bar,Breakfast Area,Ceiling Fan(s),Entry Level Bedroom,Sound System,Other
Appliances:
Built-In Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Exhaust Fan,Refrigerator,Washer,Water Heater
Laundry:
Dryer In Unit,Washer In Unit
Flooring:
Engineered Wood,Vinyl,Other
A/C:
Central A/C
Heating:
Y, Forced Air,Heat Pump(s), Electric,Propane - Leased
Disability Feature:
None

Exterior

General:
Exterior Lighting,Gutter System,Outbuilding(s),Outside Shower, Above Grade,Below Grade
Style:
Cottage,Bungalow,Colonial
Parking:
Paved Driveway

Construction

Roofing:
Metal
General:
Stick Built,Cement Siding, 1, Concrete Perimeter,Crawl Space

Location

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

Lot

Zoning:
COMMERCIAL, 334-13.20-62.00
Current Use:
999

Utilities

Utilities:
220 Volts
Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Coldwell Banker Premier - Rehoboth, Michael Zacherl

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.

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