38242 ROBINSON DRIVE, Rehoboth Beach, DE 19971

  • $1,499,000
38242 ROBINSON DRIVE, Rehoboth Beach, DE 19971
Closed Very Good
38242 ROBINSON DRIVE, Rehoboth Beach, DE 19971
38242 ROBINSON DRIVE, Rehoboth Beach, DE 19971
  • $1,499,000

Overview

Property ID: DESU2069994
  • Detached, For Sale
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 0.14
  • Lot Acres
  • 1980
  • Year Built

Description

Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60,000 in annual rental income in ’22 & ’23! Whether you’re looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patio—perfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Don’t miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!

  • Address 38242 ROBINSON DRIVE
  • City Rehoboth Beach
  • State/county DE
  • Zip/Postal Code 19971
  • Country US

Details

Updated on November 19, 2024 at 7:08 pm
  • Property ID: DESU2069994
  • Price: $1,499,000
  • Land Area: 0.14 Acres
  • Bedrooms: 4
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1980
  • Property Type: Detached, For Sale
  • Property Status: Closed

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