MLS® ID: DESU140752

7 OLIVE AVENUE

REHOBOTH BEACH, Delaware, 19971

$2,274,900 Active
  • 5 Beds
  • 4.5 Baths
  • 2958 SQFT
Your sand castle awaits in North Rehoboth. Looking for an oceanblock rental investment property, look no more. This single family home had rental income exceeding $100,000 in 2018. Owner has kept property in immaculate condition and the returning guests come again and again. This inverted floor plan offers four bedrooms and three baths on the first floor and a second floor with master bedroom and bath, dining area, open kitchen, family room and enclosed porch with ocean views. Being just steps to Rehoboth's boardwalk and beach is a tenant and owner must. North Rehoboth keeps you far enough away from the commercial area yet close enough to easily walk to all of Rehoboth's main attractions. Capitalize on today's low interest rates and this properties successful income stream. A winning combination.
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Listing courtesy of COLDWELL BANKER RESORT REALTY - R

Amenities

  • Zip
    19971
  • Office name
    COLDWELL BANKER RESORT REALTY - R
  • Subdivision
    NONE AVAILABLE
  • SQFT
    2958
  • Bedrooms
    5
  • Property type
    Residential
  • Zoning type
    Q
  • School district
    CAPE HENLOPEN
  • Year built
    1999
  • Lot size
    0.11
  • Sewer
    Public Septic
  • Heating
    Central
  • Agent name
    KATHY NEWCOMB
  • Purchase Type
    Active
  • Full baths
    4
  • Half baths
    1

Location

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