Homes for sale - 51 MARYLAND AVE, Rehoboth Beach, DE 19971

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$2,500,000

Est. payment - /mo

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6 BD

4 BA

4,792 Sqft Lot

Active

51 MARYLAND AVE Rehoboth Beach, DE 19971

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Matt Kilmer

matt@movewithmatt.net +1(540) 931-6089

UPDATED:

10/25/2024 05:36 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Subdivision North Rehoboth

MLS Listing ID DESU2067908

Style Bungalow,Cape Cod,Coastal,Dwelling w/Separate Living Area,Other

Bedrooms 6

Full Baths 4

HOA Y/N N

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $1,326,379

Tax Year 2024

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 50.00 x 100.00

Property Description

2 separate buildings on one parcel! Main house and bungalow currently set up as 3 units *** Opportunity knocks in Downtown Rehoboth Beach!! Multi-Unit Residential Property set up as 3 units. Value is in the prime location and rental potential. The main cottage style house has 4 bedrooms and 2 full bathrooms and taking on summer weekly rentals. The rear bungalow bi-level is set up as a 1 bedroom apartment on the first floor (ready for rentals) and the 2nd floor efficiency is due for renovations. Wide open backyard platform deck for outdoor living. Off street parking for 3-4 vehicles. Within 2 blocks to the boardwalk and 2 blocks to Rehoboth Ave, a great location for investment or year round living!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Direction South

Rooms

Basement Workshop, Outside Entrance, Partial, Unfinished

Interior

Interior Features Kitchen - Island, 2nd Kitchen, Efficiency, Kitchen - Galley, Upgraded Countertops, Ceiling Fan(s), Wood Floors

Hot Water Propane, Tankless

Heating Baseboard - Electric, Forced Air

Cooling Window Unit(s), Ceiling Fan(s), Central A/C

Flooring Hardwood, Carpet, Vinyl

Equipment Dishwasher, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer Stacked, Water Heater, Icemaker, Oven/Range - Electric, Range Hood, Dryer - Electric, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher

Fireplace N

Window Features Screens,Wood Frame

Appliance Dishwasher, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer Stacked, Water Heater, Icemaker, Oven/Range - Electric, Range Hood, Dryer - Electric, ENERGY STAR Refrigerator, ENERGY STAR Dishwasher

Heat Source Electric, Propane - Owned

Laundry Dryer In Unit, Upper Floor, Washer In Unit

Exterior

Exterior Feature Balcony, Deck(s), Patio(s)

Fence Chain Link, Partially, Wood

Utilities Available Electric Available, Propane, Cable TV Available

Waterfront N

Water Access N

View Street

Roof Type Shingle

Accessibility Doors - Swing In, 32\"+ wide Doors

Porch Balcony, Deck(s), Patio(s)

Road Frontage City/County

Garage N

Building

Lot Description Front Yard, Rear Yard, SideYard(s)

Story 2

Foundation Permanent, Block

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Cape Cod, Coastal, Dwelling w/Separate Living Area, Other

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

School District Cape Henlopen

Others

Senior Community No

Tax ID 334-14.13-393.00

Ownership Fee Simple

SqFt Source Assessor

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash, Conventional, Negotiable, Other

Listing Terms Cash, Conventional, Negotiable, Other

Financing Cash,Conventional,Negotiable,Other

Special Listing Condition Standard

Listed by April Love Raimond • Redfin Corporation

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Matt Kilmer

Agent | (VA)0225238026 (WV)WVS2003010

+1(540) 931-6089