Dewey Beach, DE 19971,25 MCKINLEY AVE
Dewey Beach, DE 19971,25 MCKINLEY AVE
Dewey Beach, DE 19971,25 MCKINLEY AVE
$1,550,000
Est. payment /mo
$1,650,000
6.1%
Est.Price: ?

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5 Beds
4 Baths
2,400 SqFt
SOLD DATE : 04/19/2024

Key Details

Sold Price $1,550,000

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $645

Subdivision None Available

MLS Listing ID DESU2049892

Sold Date 04/19/24

Style Colonial

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 2,400

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $1,325

Tax Year 2023

Lot Dimensions 0.00 x 0.00

Property Description

Super opportunity to own this ocean side renovated 5-bedroom 3.5 bath beach home. Two master suites, large private backyard with gazebo, roof top deck, sun room, and over sized parking area make this 2400 square foot home an entertainer's dream. The property has a proven rental history of over $110,000 per year with repeat family weekly rentals. Buy both 23 and 25 McKinley for a combined rental income of over $175,000 per year.
One minute walk to beach without crossing any roads. Come put your toes in the sand and ocean. Close to all the hot spots and restaurants, but private enough to enjoy the tranquility of the beach and ocean. Great patio area in the rear yard for cook outs and gathering. Rare to actually have a yard at the beach. Just such a fun home and place to be. In great condition with a great rental history. 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.. Property zoned RR and the size of the property allows for additions. We urge any buyer to confirm for themselves the specifics of addition size with the town of Dewey Beach. Come to Dewey Beach. Relax. Have fun.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Rooms

Basement Partial

Main Level Bedrooms 5

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Amenities Available None

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Story 1

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 1

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 334-20.18-165.05-2

Ownership Condominium

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

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Bright MLS (BMLS)
Listed by Linda Chase • Compass
Bought with Linda Chase • Compass
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