tomo logo

$1,499,000

Beds
4
Baths
3.0
sq ft
Unknown

38242 Robinsons Dr, Rehoboth Beach, DE 19971

38242 Robinsons Dr

REHOBOTH BEACH, DE 19971

  • 25 days on market
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! 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!

Details

Property type

Single Family Residence

Lot size

6,098 sq ft

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$1,056

HOA

No

Price History

09/06/2024
Bright

Bright #DESU2069994

Listed
$1,499,000
-6.25%
09/04/2024
Bright

Bright #DESU2057676

Removed
$1,599,000
08/10/2024
Bright

Bright #DESU2057676

Price change
$1,599,000
-5.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CAPE HENLOPEN

Status: Active

Tomo last checked: 10/01/2024 at 9:35 AM

Listing updated: 09/24/2024 at 2:07 AM

Listed by: Debbie Reed, RE/MAX Realty Group Rehoboth Phone #: (302) 227-4800

MLS: Bright #DESU2069994

Bright logo

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