51 Maryland Avenue, Rehoboth Beach, DE 19971-2128 $2,500,000

Beds/Baths: 6/4
Acreage: 0.11
Age:74 years
Style:
Bungalow, Cape Cod, Coastal, Dwelling w/Separate Living Area, Other
MLS#: DESU2067908
Subdivision: North Rehoboth
Design/Type:
Detached

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!

Taxes: $1,326,379
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Cape Henlopen

Features

Water
Water Oriented: Yes; Water Front: No; Water Access: No; Water Body Type: Ocean; Navigable: No;

Utilities
Baseboard - Electric Heating, Forced Air Heating, Electric, Propane - Owned, Ceiling Fan(s), Central A/C, Window Unit(s) Cooling, Electric, Hot Water - Propane, Hot Water - Tankless, Public Water, Public Sewer, 120/240V, 150 Amps, Circuit Breakers, Dryer In Unit, Upper Floor Laundry, Washer In Unit, Cable TV Available, Electric Available, Propane

Garage/Parking
Driveway, Off Street, Private Parking

Interior
2nd Kitchen, Ceiling Fan(s), Efficiency, Kitchen - Galley, Kitchen - Island, Upgraded Countertops, Outside Entrance Basement, Partial , Unfinished Basement, Basement Workshop, Carpet Flooring, Hardwood Flooring, Vinyl Flooring, Dry Wall, Plaster Walls, Accessibility - 32"+ wide Doors, Accessibility - Doors - Swing In, Window Screens, Wood Frame Windows, Carbon Monoxide Detector(s), Smoke Detector

Exterior
Block Foundation, Permanent Foundation, Shingle Roof, Frame Exterior, , Vinyl Siding, Balcony, Deck(s), Patio(s), BBQ Grill, Outside Shower, Secure Storage

Lot
Front Yard, Rear Yard, SideYard(s), Street View, Chain Link Fence, Partially Fenced, Wood Fence

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (3 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.71 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.84 mi
Lewes Elementary School Cape Henlopen School District K–5 Lewes 4.96 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.66 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.6 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Redfin Corporation , (215) 631-3154, peter.phinney@redfin.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/05/2024.

51 Maryland Avenue, Rehoboth Beach, DE 19971-2128

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.