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Key Details
Sold Price $522,000
Property Type Single Family Home
Sub Type Unit/Flat/Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Henlopen Station
MLS Listing ID DESU2055804
Sold Date 09/17/24
Style Unit/Flat
Bedrooms 2
Full Baths 2
HOA Fees $237/qua
HOA Y/N Y
Originating Board BRIGHT
Year Built 1983
Annual Tax Amount $842
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Description
This condominium sounds like a fantastic investment opportunity! Its location close to downtown, combined with its flexibility for weekly rentals and Airbnb, make it very attractive. The potential rental income figures are promising, especially during prime season. It can possibly rent for $1995- a week during prime season and year-round for $2000-/month.
The layout seems well-designed for both comfort and functionality, with the open concept living space, hardwood floors, and a spacious deck overlooking the pool. The two bedrooms and two bathrooms, along with updated features like new vanities and toilets, add to its appeal. The kitchen has new stainless steel appliances.
Moreover, amenities like assigned parking, mature landscaping, a community pool, grill area, dining gazebo, and covered bike storage enhance the overall value of the property. Its proximity to the Breakwater bike trail and the easy access to town and the beach make it even more appealing to potential renters.
Overall, it seems like a highly desirable property with great potential for rental income and enjoyment for both tenants and owners alike.
Immediate showings
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning C-1
Rooms
Main Level Bedrooms 2
Interior
Interior Features Built-Ins, Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Primary Bath(s), Bathroom - Soaking Tub, Bathroom - Stall Shower, Window Treatments, Wood Floors
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Equipment Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Furnishings Yes
Fireplace N
Appliance Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Heat Source Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Garage Spaces 2.0
Parking On Site 2
Utilities Available Cable TV, Electric Available, Sewer Available, Water Available
Amenities Available Pool - Outdoor
Water Access N
Roof Type Architectural Shingle
Accessibility None
Total Parking Spaces 2
Garage N
Building
Story 3
Unit Features Garden 1 - 4 Floors
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Lawn Maintenance,Common Area Maintenance,Management,Snow Removal,Trash
Senior Community No
Tax ID 334-13.20-33.00-202B
Ownership Condominium
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Number Limit
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Bought with Anoma Newman • Bryan Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "