21089 Elizabeth Ave, Rehoboth Beach, DE 19971
- $1,799,000
- 2
- BD
- 1
- BA
- 812
- SqFt
- List Price
- $1,799,000
- Status
- ACTIVE
- MLS#
- DESU2112446
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 812
- Lot Size (Acres)
- 0.11
- Style
- Ranch
- Year Built
- 1957
- County
- Sussex
- School District
- Cape Henlopen
Property Description
This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.
Additional Information
- Area
- Lewes Rehoboth Hundred (31009)
- Subdivision
- Ann Acres
- Building Name
- None Available
- School District
- Cape Henlopen
- High School
- Cape Henlopen
- Fireplaces
- 1
- Heating
- Forced Air
- Cooling
- Central Air
- Utilities
- Above Ground Utilities
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Partial
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Listing courtesy of Patterson-Schwartz-Brandywine. Contact: