$1,150,000
$1,350,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,200 SqFt
SOLD DATE : 04/19/2024
Key Details
Sold Price $1,150,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $958
Subdivision None Available
MLS Listing ID DESU2049886
Sold Date 04/19/24
Style Colonial
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,200
Originating Board BRIGHT
Year Built 1981
Annual Tax Amount $926
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Description
Super opportunity to own this ocean side renovated 3-bedroom 2.5 bath 1400 square foot beach home. The 2nd floor deck and screened in porch off the open concept living room, make this property an ideal beach retreat. Over sized parking area, outdoor shower and grilling area are an added bonus in a beach town where outdoor space is scarce. Property has a build option to double the existing footprint, another rarity in Dewey Beach. Proven rental history of over $75,000 per year, with repeat family weekly rentals. Buy both 23 and 25 McKinley Ave. for a rental income of over $175,000 per year. A new owner can live in one and rent the other. Close to all the hot spots and restaurants, but private enough to enjoy the tranquility of the beach and ocean. There have been many updates to this property with new composite siding being the most recent. Plenty of off street parking. All furniture and appliances included in the sale. Specifics on size will need to be confirmed by town of Dewey Beach and we urge buyers to confirm for themselves.
Come and put your toes in the sand and know that once you park your car you never have to cross a street to get to the ocean....Bliss awaits...Truly a remarkable property.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Rooms
Basement Partial
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Amenities Available None
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Off Street
Garage N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include None
Senior Community No
Tax ID 334-20.18-165.05-1
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with Linda Chase • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "