Two dwellings on one lot make this property an affordable second home and great investment property. The front house offers1152 square feet, 2 bedrooms and a full bath in an A frame house with loads of character and charm. The back cottage offers 494 square, feet 1 bedroom and a full bath for a great guest house or rental unit. These dwellings are never empty and are in high demand given their close proximity to the beach, boardwalk, and restaurants. With some elbow grease they would shine! Both dwellings create over $28,000 in rental income. The lot is long and offers a shed and room for a pool! The best is that there is no flood insurance required!!! The age is an estimate. Don't let this one slip by!!
20540 Washington Street, Rehoboth Beach, DE 19971 (MLS# 1000330215) is a
Single Family property with 3 bedrooms and 2 full bathrooms.
20540 Washington Street is currently listed for $399,900 and was received on May 09, 2017.
Want to learn more about 20540 Washington Street?
Do you have questions about finding other
real estate for sale
in Rehoboth Beach?
You can browse all Rehoboth Beach real estate or
contact a Coldwell Banker agent to request more information.
Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.