Rarely Offered in a Great Location! Get close to nature in this quiet secluded neighborhood, Forgotten Mile. Close to Rehoboth Beach and Dewey Beach, and on the edge of peaceful Thompson Island State Park, this newly renovated house is perfect if you love the outdoors. Composed of three separate one-bedroom apartments, one per floor, each with its own private deck, this property offers great flexibility for income potential in the $30,000-50,000 range, perhaps more! Live in one unit and rent the other 2, or rent all 3. There is also a new shed with 3 individual storage units. With all new stainless steel kitchen appliances, new waterproof luxury vinyl flooring throughout, new windows and new insulation, and upgraded plumbing and electrical systems, this is your chance to own an actual modern style farmhouse! There was a time when these old farmhouses were moved to Rehoboth to become vacation homes. This street still has 3 of them but they are becoming harder to find. This one still retains the charm of the original old structure. All units have separate heat/air, electric and property like this is nearly impossible to find. Lot is 75X100 with variance with the county pending-please see attached disclosures, and survey for information. Estimates: Per unit: 1100-1200 year round per month (tenant pays all utilities) OR 950-1100 weekly or seasonally 9500 guest pays electric, cable and wifi.
Listing courtesy of Jack Lingo - Rehoboth.