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Susan Mangigian

[email protected] +1(610) 325-4100

Listed by George W Manolakos • Patterson-Schwartz-Brandywine

$ 1,799,900

Est. payment -/mo

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21089 ELIZABETH AVE Rehoboth Beach, DE 19971

2 Beds

1 Bath

812 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 812 sqft

Price per Sqft $2,216

Subdivision Ann Acres

MLS Listing ID DESU2098786

Style Ranch/Rambler

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 812

Year Built 1957

Annual Tax Amount $1,430

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 50 X 100

Property Sub-Type Detached

Source BRIGHT

Property Description

This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features 2 bedrooms, 1 bathroom, a spacious living room with a wood-burning fireplace, an updated eat-in kitchen, and an enclosed porch for summer relaxation. The main house has undergone significant updates in the past 5 to 10 years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a 50 x 100 lot just outside the city limits, this property also includes a newly rebuilt 1 bedroom, 1 bathroom detached apartment with rental income potential. The apartment offers a living/dining combination on the first floor and a bedroom with a full bath on the upper level. With a driveway that fits five plus cars, parking will never be an issue for you or your tenants. The rental income generated in 2024 was $65,000 prior to the completion of the apartment, and the estimated income for the apartment alone ranges from $20,000 to $30,000. Whether you're looking for a new home near the beach or an investment property with great rental potential, this property is a fantastic opportunity not to be missed. Take advantage of this unique property and make it yours today! Agent is related to seller. Seller is a licensed real estate agent in the State of Delaware.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning R

Rooms

Basement Partial

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplaces Number 1

Fireplaces Type Brick

Inclusions All Appliances

Fireplace Y

Heat Source Electric

Exterior

Utilities Available Above Ground

Water Access N

Accessibility None

Garage N

Building

Story 1

Foundation Block

Above Ground Finished SqFt 812

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Senior Community No

Tax ID 334-20.13-124.00

Ownership Fee Simple

SqFt Source 812

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://vt-idx.psre.com/BR11284

Susan Mangigian

Agent | RMPREF-RS152252A

+1(610) 325-4100

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West Chester, PA

Susan Mangigian

21089 ELIZABETH AVE Rehoboth Beach, DE 19971

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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21089 ELIZABETH AVE

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