38242 Robinson Drive Rehoboth Beach, DE 19971
Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60, 000 in annual rental income! Whether you're looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patio—perfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Don’t miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!
- Property TypeMulti-Family
- NeighborhoodDodds Addition
- CountySussex
- Taxes$1,056
- HOA/Condo/Coop Fees$0
- Days on Site7 Days
- MLS StatusActive
- MLS ID NumberDESU2070374
- Home Size Source Estimated
- Year Built1980
- Lot Size0.14 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Coastal
- Construction Vinyl Siding
- Parking Crushed StoneStone DrivewayDrivewayOff Site
- Sewer Public Sewer
- Basement FullPartially Finished
- Acreage 0.14
- Water Public
- Attached Garage No
- Foundation Block
- Zoning MR
Interior Features
- Cooling Central A/ CElectric
- Heating Heat Pump(s)Electric
- Appliances Oven/ Range - ElectricRange HoodRefrigeratorExtra Refrigerator/ FreezerIcemakerMicrowaveDishwasherWasherDryerWater HeaterDisposalWasher/ Dryer Stacked
- Flooring BambooCarpetCeramic Tile
- Interior Combination Dining/LivingCombination Kitchen/LivingKitchen - EfficiencyUpgraded CountertopsEntry Level BedroomKitchen - GourmetRecessed Lighting
- Window Features Skylight(s)
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
- Exterior Extensive HardscapeFlood LightsOutside Shower
- Patio And Porch ScreenedPorch(es)Deck(s)
Community Features
- MLS Area Lewes Rehoboth Hundred (31009)