- 5 Beds
- 4½ 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 properties successful income stream. A winning combination.
Essential Information
- MLS® #DESU140752
- Price$2,499,000
- 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-Wall, Oven/Range-Electric, Refrigerator, Washer
Exterior
- ExteriorFrame
- RoofArchitectural Shingle
Exterior Features
Outside Shower, Lawn Sprinkler, BBQ Grill
School Information
- DistrictCAPE HENLOPEN
- HighCAPE HENLOPEN
Additional Information
- City Tax549
- County Tax188
- Condo Fees0.00
- Date ListedMay 20th, 2019
- Days on Market91
- ZoningQ
Listing Details
Office
COLDWELL BANKER RESORT REALTY - R
Based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided "AS IS" and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market Mann & Sons, Inc. is a Real Estate licensee in the State of Delaware. SCAOR DE License Number: SCAOR 08098.
Copyright 2019 Sussex County Association of REALTORS®, Inc.