1. Delaware
  2. Rehoboth Beach
  3. 21089 ELIZABETH AVE
$1,799,900

21089 ELIZABETH AVE, Rehoboth Beach, DE 19971

  • 2 beds |
  • 1 bath |
  • 812 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $2,217/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.

Listing Status:
Active
Listing Office:
Patterson-Schwartz-Brandywine : 3024750800
Listing Agent:
George W Manolakos : 3025292690
MLS ID:
DESU2098786
  • Basement: Partial
  • A/C: Central A/C
  • Heating: Forced AirElectric
  • Fireplace: BrickFireplaceFireplaces: 1
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Ranch/Rambler
  • General: Aluminum Siding1Block
  • Originating MLS: BRIGHT_MAIN
  • School District: CAPE HENLOPEN
  • County: SUSSEX-DE
  • Zoning: R334-20.13-124.00
  • Utilities: Above ground
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of George W Manolakos, Patterson-Schwartz-Brandywine

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rehoboth Elementary School

500 Stockley St, Rehoboth Beach, DE, 19971

Grades KG-5

0.90 miles away

B

Beacon Middle School

19483 John J Williams Hwy, Lewes, DE, 19958

Grades 6-8

3.88 miles away

C

Cape Henlopen High School

1250 Kings Hwy, Lewes, DE, 19958

Grades 9-12

5.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.