ddMLS # DESU2069994
38242 robinson dr, Rehoboth Beach, DE 19971
$1,499,000
Single Family Home
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 k Read More
Property Summary
Status:
Active
MLS #:
DESU2069994
Street Address:
38242 Robinson Dr
City, State Zip:
Rehoboth Beach, DE 19971
County:
Sussex
Community:
Dodds Addition
Type:
Single Family Home
Area:
Sq Ft
Price
$1,499,000
Beds:
4
Baths:
3 Full / 0 Half
Garage:
0
Year Built:
1980
# of Stories:
3
Style:
Coastal
Property 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! 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!Property Details
Bedrooms
Total Bedrooms:
4
BATHROOMS
Bath - Full:
3
Bath - Half:
0
Total Baths:
3
KITCHEN & DINING
- Combination Dining/Living
- Combination Kitchen/Living
- Kitchen - Efficiency
- Upgraded Countertops
- Pantry
- Skylight(s)
- Entry Level Bedroom
- Kitchen - Gourmet
- Recessed Lighting
OTHER ROOMS
Basement:
Full,Partially Finished
Total Rooms:
0
INTERIOR FEATURES
- Combination Dining/Living
- Combination Kitchen/Living
- Kitchen - Efficiency
- Upgraded Countertops
- Pantry
- Skylight(s)
- Entry Level Bedroom
- Kitchen - Gourmet
- Recessed Lighting
Flooring:
Bamboo, Carpet, Ceramic Tile
Furnished:
No
Accessibility:
None
Elevator:
No
Extra Unit:
Coastal
APPLIANCES
- Oven/Range - Electric
- Range Hood
- Refrigerator
- Extra Refrigerator/Freezer
- Icemaker
- Microwave
- Dishwasher
- Washer
- Dryer
- Water Heater
- Disposal
- Washer/Dryer Stacked
HEATING & COOLING
Cooling:
Central A/C
Heating:
Heat Pump(s)
Fireplace:
None
UTILITES
- Public
- Public Sewer
POOL & SPA
Pool: None
BUILDING & CONSTRUCTION
Style:
Coastal
Floors:
3
Construction Type:
Block
Exterior Type:
Stick Built, Vinyl Siding
Foundation:
Block
Roofing:
Architectural Shingle
EXTERIOR & LOT FEATURES
- Extensive Hardscape
- Flood Lights
- Outside Shower
Views:
None
Porch And Patio And Deck:
Screened, Porch(es), Deck(s)
Lot Sq Ft:
6098
Lot Size:
76.00 x 84.00
WATERFRONT & WATER ACCESS
Waterfront Description:
Ocean
Waterfront:
No
GARAGE & PARKING:
# of Garage Spaces:
0
Parking:
Driveway, Off Site Crushed Stone, Stone Driveway
SCHOOL INFORMATION
School District:
Cape Henlopen
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
Subdivision:
Dodds Addition
In City Limits:
No
Map Section:
East of Rt 1
New Construction:
No
Historic Distict:
No
Last Price Change:
09/06/2024 05:06:53
# of Day on Market:
6 Days
FINANCE INFO
List Price:
$1,499,000
Annual Property Tax:
$1,056
HOA Fees:
$0
Condo Fees:
$0
Financing Type:
Cash, Conventional
LISTING FIRM
Listed By:
RE/MAX Realty Group Rehoboth
Listing Firm Phone:
2147483647
ASK A QUESTION
Call us at 302-344-9002 or use the form below to contact us regarding this property or to request a private showing.