38242 Robinson Dr, Rehoboth Beach, DE 19971

$1,499,000
4
BD
3
BA
List Price
$1,499,000
Status
ACTIVE
MLS#
DESU2069994
Bedrooms
4
Bathrooms
3
Full Baths
3
Lot Size (Acres)
0.14
Style
Coastal
Year Built
1980
County
Sussex
School District
Cape Henlopen

Property Description

Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60,000 in annual rental income! Whether you're looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patio—perfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Don’t miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Subdivision
Dodds Addition
Taxes
$1056
Interior Features
Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Pantry, Skylight(s), Entry Level Bedroom, Kitchen - Gourmet, Recessed Lighting
School District
Cape Henlopen
Flooring
Bamboo, Carpet, Ceramic Tile
Exterior Features
Extensive Hardscape, Flood Lights, Outside Shower
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer
Room Level
Living Room: Main, Dining Room: Main, Kitchen: Main, Bedroom 1: Main, Bathroom 1: Main, Living Room: Upper 1, Kitchen: Upper 1, Bedroom 3: Upper 1, Bathroom 3: Upper 1, Bedroom 4: Upper 1, Screened Porch: Upper 1, Screened Porch: Main, Bedroom 2: Lower 1, Utility Room: Lower 1, Bathroom 2: Main

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Realty Group Rehoboth. Contact: (302) 227-4800