20471 & 20473 Lincoln St, Rehoboth Beach, De 19971 $734,000
Price
$734,000
Bed
N/A
Bath
N/A
Acres
0.21
Town
Rehoboth Beach
MLS
Desu2059506
Offers Due By Tuesday, 4/23/2024 At 5:00pm. Investment Opportunity! This 4-unit Multi-family Property Is Located East Of The Lewes Rehoboth Canal And Within Biking Distance Of Downtown Rehoboth And Dewey Beach. The Property Consists Of Two Well Maintained And Recently Updated Buildings, Each With 1st Floor And 2nd Floor Units. 20473 #1 (front) - 2 Bedrooms/1bath, 20473 #2 (front) - Efficiency/1 Bath, 20471 #1 (rear) - 3 Bedrooms/2 Bath, 20471 #2 (rear) - 1 Bedroom/1bath. All Units Are Occupied And Remain Leased At Market Rental Rates, With Potential For Rent Growth In The Future. Excellent Investment Property With Attractive And Stable Income. Income And Expenses Available.
Contact Ryan Haley
Broker, Realtor
Exterior Features
Architectural Style
Other
Construction Materials
Vinyl Siding
Foundation Details
Block
Type of Parking
Off Street
Pool
No Pool
Roof
Asphalt
Interior Features
Heating
Heat Pump(s)
Cooling
Central A/c
Appliances
Exhaust Fan, oven/range - Electric, range Hood, refrigerator, dishwasher, disposal
Interior Features
Ceiling Fan(s)
Additional Details
Subdivision Name
Rehoboth Manor
Square Footage
2050
Acres
0.21
Year Built
1981
New Construction
N
Property Type
Multi-family
Total SQFT
2050
County
Sussex
Gross Income
67020.00
Lot Size Dimensions
50.00 X 190.00
SchoolDistrictName
Cape Henlopen
© Coastal Association of REALTORS All rights reserved. All room dimensions and other measurements are approximate.
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satisfaction. Real estate listings held by brokerage firms other than Atlantic Shores Realty, LLC. are indicated here.
Listing courtesy of Jack Lingo - Rehoboth.
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