CHARIS REALTY GROUP

Ranch/Rambler

21089 ELIZABETH AVENUE

REHOBOTH BEACH, DE 19971

MLS#: DESU2112446

$1,799,000

Status: Active
Listing number: DESU2112446
Listing provided by: Patterson-Schwartz-Brandywine
Listing agent phone: None
Last update: 2 months ago
On site: 3 months ago
Browse Properties
ANN ACRES - Residential

Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1957

Sq.Footage

812

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.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Above Grade Finished Area

    812.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Lot Size(square feet)

    4,792

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Ranch/Rambler

Price

  • Sales Price

    $1,799,000

  • Tax Amount

    $1,430

  • Financing Options

    Cash, Conventional

  • Zoning

    Residential

  • Sq. Footage

    812

  • Price/SqFt

    $2,215

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    CAPE HENLOPEN

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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CAPE HENLOPEN

Listing Courtesy of George W Manolakos , Patterson-Schwartz-Brandywine

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Agent Lizzy Isenberg

AGENT

Lizzy Isenberg

Call Lizzy today to schedule a private showing.

(814) 937-8644

lizzy@charisrealty.com


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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.

21089 ELIZABETH AVENUE

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