$299,000
+ $809 yearly ground rent
86 days on the market

21 Saulsbury Dewey Beach, DE 19971

Rehoboth By The Sea Single Family Home built in 1960

  • 7 Beds
  • 4 Bath
  • 2,500 SqFt
  • 5,000 SqFt Lot
  • $299,000

Agent Description

Investor Alert! This home is in the Beach Block in Dewey, includes all furniture and is turn-key! This property consists of two dwellings. The front house has 5 bedrooms and 3 1/2 baths. The back cottage has two bedrooms and 1 bath. Both 2016 and 2017 rental income for this property was over $60,000. There are 7 years remaining on the land lease. A new 60 year land lease to be negotiated with Rehoboth By the Sea will run $23,750/year.
  • Pricing and Costs

  • Price:
    $299,000
  • Yearly Ground Rent:
    $809
  • County Taxes:
    $927
  • Ownership:
    Lease Hold
  • Property Information

  • MLS Number:
    725765
  • Bedrooms:
    7
  • Bathrooms:
    4
  • Stories:
    2
  • Total Sqft:
    2,500
  • Year Built:
    1960
  • Type:
    Residential
  • Subtype:
    Single Family
  • Style:
    A Frame, Coastal
  • Listing Details

  • Listing Office:
    COLDWELL BANKER RESORT REALTY - R
  • Date Listed:
    Nov 25, 2017
  • Days on Market:
    86
  • Location Information

  • Address:
    21 Saulsbury
  • City:
    Dewey Beach
  • State:
    DE
  • Zip Code:
    19971
  • Subdivision:
    Rehoboth By The Sea
  • Interior

  • Furnished:
    Partial
  • Appliances:
    Cable TV Pre Wired, Dishwasher, Disposal, Dryer-Electric, Microwave, Oven/Range Electric, Refrigerator, Washer, Water Heater Electric
  • Heating:
    Baseboard Electric, Forced Air
  • Cooling:
    Central A/C, Window Unit(s)
  • Fireplace:
    None
  • Attic:
    None
  • Basement:
    None
  • Exterior

  • Construction:
    Stick/Frame
  • Foundation:
    Concrete Block
  • Roof:
    Asphalt Shingle
  • Exterior Type:
    Shingle, Wood
  • Amenities

  • Garages:
    None
  • School Information

  • District:
    Cape Henlopen
This listing appears courtesy of the SCAOR MLS and Coldwell Banker Resort Realty - R. Data displayed here has not been verified by Ocean Atlantic Sotheby's Intl Realty.
Google Map of 21 Saulsbury , Dewey Beach, DE 19971

Request More Info

Interested in this listing? Would you like to set up a tour?

Share this property with your friends

×
Compare Properties

Browse and add properties to compare.

Compare Now