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37490 WASHINGTON STREET, Rehoboth Beach, DE 19971
$1,679,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
4
baths
2,400
sqft
Built in
2008
BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER OR PROPERTY CONDITION. 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
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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