This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features two bedrooms, one 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 five to ten years including a renovated kitchen and bathroom, refinis
This charming ranch-style property is a rare find just a couple blocks away from the beach. The main house features two bedrooms, one 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 five to ten years including a renovated kitchen and bathroom, refinished hardwood floors, new siding, gutters, and fascia. Situated on a fifty by one hundred lot just outside the city limits, this property also includes a newly rebuilt one bedroom, one 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 are 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.
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Property type
House
Year built
1957
Price/sqft
$2,215
Features
Fireplace
Renovated
Parking
Investment Property
Explore the Area
21089 Elizabeth Rehoboth Beach DE 19971-1959 USA, Delaware, United States
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As Delaware’s oldest and largest independent real estate brokerage, Patterson-Schwartz Real Estate has built a lega
As Delaware’s oldest and largest independent real estate brokerage, Patterson-Schwartz Real Estate has built a legacy defined by trust, longevity, and exceptional service. Founded in 1961, the firm has long held the leading market share in New Castle County while serving buyers and sellers across Delaware and neighboring regions of Pennsylvania and Maryland.
Patterson-Schwartz is a full-service brokerage distinguished by experienced professionals, deep local expertise, and a steadfast commitment to integrity, discretion, and results. With nine offices and more than 400 real estate professionals, the firm offers personalized representation supported by regional reach and nearly six and a half decades of perspective across changing market cycles.
The result is informed, strategic guidance—and a reputation earned over generations.
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Last updated
June 19
First listed
May 23
Listing reference
e5e7af19-558f-11f1-850c-6045bdd61ac4
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