37419 5th Street Rehoboth Beach, DE 19971
Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won't want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!
- Property TypeMulti-Family
- NeighborhoodBay Vista
- CountySussex
- Taxes$660
- HOA/Condo/Coop Fees$0
- Days on Site10 Days
- MLS StatusActive
- MLS ID NumberDESU2072208
- Home Size Source Estimated
- Year Built1959
- Lot Size0.18 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Cape Cod
- Construction FrameBlock
- Parking DrivewayOn Street
- Sewer Septic Tank
- Acreage 0.18
- Water Public
- Property Sub Type Duplex
- Attached Garage No
- Foundation Slab
- Zoning AR-1
Interior Features
- Cooling Central A/ CWall UnitElectric
- Heating CentralPropane - LeasedElectric
- Appliances Built- In MicrowaveDishwasherDisposalDryer - ElectricExtra Refrigerator/ FreezerOven/ Range - ElectricRefrigeratorWasherWater Heater
- Flooring CarpetWood Floors
- Interior 2nd KitchenCeiling Fan(s)Entry Level BedroomKitchen - Island
- Window Features Window Treatments
- Fireplace No
Exterior Features
- Roof Asphalt
- Spa No
- Waterfront Property No
- Exterior Awning(s)Outside Shower
Community Features
- MLS Area Lewes Rehoboth Hundred (31009)