$1,695,000

38242 Robinsons Dr, Rehoboth Beach, DE, 19971

4

Beds

3

Baths

0.14

Acres

POSSIBLE OWNER FINANCING at below market rate, interest only for 5 years for qualified buyers. Get ahead of the rate decline, then refinance. Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach! 38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually. Rent both units, or take advantage of the unique layout to live in one and rent the other, or EASILY CONVERT both units into one single family residence by simply cutting a door into the stairwell! Whether looking for an investment property or your own coastal oasis, the options are endless... Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out. Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!

Facts & Features

MLS® # DESU2057676
Price $1,695,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Acres 0.14
Year Built 1980
Type Residential
Sub-Type Detached
Style Coastal
Status Active

Community Information

Address 38242 Robinsons Dr
Area Lewes Rehoboth Hundred (31009)
Subdivision DODDS ADDITION
City Rehoboth Beach
County SUSSEX-DE
State DE
Zip Code 19971
Senior Community No

Amenities

Amenities Upgraded Countertops, Pantry, Skylight(s)
Is Waterfront No

Interior

Appliances Oven/Range-Electric, Range hood, Refrigerator, Extra Refrg/Frz, Icemaker, Microwave, Dishwasher, Washer, Dryer, Water Heater
Heating Heat Pump(s)
Cooling Central A/C
Has Basement Yes
Basement Full
Fireplace No
# of Stories 2
Stories 2 Story

Exterior

Exterior Vinyl Siding
Exterior Features Extensive Hardscape, Flood Lights, Outside Shower, Porch-screened, Porch(es)
Roof Asphalt
Foundation Block

School Information

District CAPE HENLOPEN

Additional Information

Date Listed March 11th, 2024
Days on Market 115
Zoning GR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeJack Lingo - Rehoboth
Contact Info(302) 227-3883

Listing Map

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