Location, location, location. Vacation or Investment - this home is loaded with character with many of the original finishes. It is located just one block to the ocean with an ocean view, fronts Lake Gerar on a dead end street and walking distance to downtown Rehoboth Beach . This cottage welcomes you with its front porch or relax on the back deck with views of the lake. It is fully furnished with 7 bedrooms - 5 in the main house and 2 in the basement apartment. Excellent rental income with the potential for more. 2018 rental net was approximately $52, 000 for the main house alone (owners frequently used basement) which has separate entrance and rents separately.
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Copyright 2019 Sussex County Association of REALTORS®. All rights reserved. Information deemed reliable but is not guaranteed. All room dimensions and other measurements are approximate. Prospective purchasers should verify the information to their own satisfaction. Information provided by the Sussex County Association of Realtors Multiple Listing Service. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated 2018-06-06.