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Mann & Sons Inc

414 Rehoboth Ave Rehoboth Beach, DE, 19971
Office: 302-227-9477

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Bill Mann

Broker / Owner

  • Cell 302.470.7600
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7 Olive Ave, REHOBOTH BEACH, DE – $2,274,900

  • 5 Beds
  • Baths
  • 2,958 Sqft
  • .11 Acres
  • 5 Beds
  • Baths
  • 2,958 Sqft
  • .11 Acres

7 Olive Ave

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 property's successful income stream. A winning combination! Global Luxury!

Essential Information

  • MLS® #DESU140752
  • Price$2,274,900
  • Bedrooms5
  • Bathrooms4.50
  • Full Baths4
  • Half Baths1
  • Square Footage2,958
  • Acres0.11
  • Year Built1999
  • TypeResidential
  • Sub-TypeDetached
  • StyleCoastal
  • StatusActive

Community Information

  • Address7 Olive Ave
  • AreaLewes Rehoboth Hundred (31009)
  • SubdivisionNONE AVAILABLE
  • CityREHOBOTH BEACH
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19971

Amenities

  • ParkingAsphalt Driveway
  • ViewOcean

Amenities

Carpet, CeilngFan(s), Entry Lvl BR, Shades/Blinds

Utilities

Cable TV, Multiple Phone Lines, Phone

Interior

  • Interior FeaturesFloor Plan-Open
  • HeatingCentral
  • CoolingCentral A/C
  • FireplaceYes
  • # of Fireplaces1
  • # of Stories2
  • Stories2 Story

Appliances

Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Dryer - Electric, Oven/Range-Electric, Refrigerator, Washer, Oven-Wall

Exterior

  • ExteriorFrame
  • RoofArchitectural Shingle

Exterior Features

Outside Shower, Lawn Sprinkler, BBQ Grill

School Information

  • DistrictCAPE HENLOPEN
  • HighCAPE HENLOPEN

Additional Information

  • City Tax549
  • County Tax188
  • Date ListedMay 20th, 2019
  • Days on Market609
  • ZoningQ

Listing Details

Office

Coldwell Banker Resort Realty - Rehoboth

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Price Change History for 7 Olive Ave, REHOBOTH BEACH, DE (MLS® #DESU140752)

Date Details Change
Price Reduced from $2,499,000 to $2,274,900 $224,100 (8.97%)

© 2020 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Man & Sons, Inc Realtors participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Man & Sons, Inc Realtors are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Listing information last updated on January 18th, 2021 at 12:03am EST.