1 Olive Ave, Rehoboth Beach, De 19971

MLS Number
Desu2002070
Status
Active
Subdivision Name
North Rehoboth
List Price
$4,000,000
Bedrooms
7
Full Baths
5
Waterfront
N
City Name
Rehoboth Beach

Welcome to 1 Olive Avenue situated just steps from the beach, boardwalk and Rehoboth Avenue. Consisting of 3 units and producing approximately $100,000 per year in rental income, this is an ideal investment property and offers the potential for owner use at the same time. The penthouse unit (Unit C) includes 3 bedrooms, 2 baths, vaulted ceilings, exposed beams, a spacious gourmet kitchen, and an abundance of natural light. A large rooftop deck provides stunning ocean views and the perfect place to relax and unwind. Unit A offers 2 bedrooms, 2 updated baths, an open floor plan, kitchen with breakfast bar and ocean views from the balcony. Lastly, Unit B includes 2 bedrooms, 1 updated bath, galley kitchen, and living area. Additional building features include covered parking and a new elevator, accessible by all units. All 3 units have been recently renovated and are being sold fully furnished.

For more information about 1 Olive Ave contact us


Additional Information

Elementary School
Rehoboth
High School
Cape Henlopen
Middle School
Beacon
Square Footage
3000
Acres
0.09
Year Built
1985
New Construction
N
Property Type
Residential
County
Sussex
Lot Size Dimensions
41.00 X 102.00
Sussex DE Quadrants
East Of Rt 1

Exterior

View
Ocean
Architectural Style
Contemporary, coastal
Construction Materials
Frame

Interior

Heating
Zoned, forced Air, heat Pump(s)
Heating Fuel
Electric
Cooling
Ceiling Fan(s), central A/c
Hot Water
Electric
Flooring
Hardwood
Appliances
Dryer, washer, disposal, dishwasher, oven/range - Electric, refrigerator, microwave
Interior Features
Ceiling Fan(s), floor Plan - Open, primary Bedroom - Ocean Front, wood Floors


Listing courtesy of Jack Lingo - Rehoboth.