4 bedroom, 2 bath beach cottage located on east end of the 200 block of Hickman Street in highly sought-after South Rehoboth. Just two blocks from the famous wide white sandy beaches of Rehoboth. The house currently generates $62,000+/- gross rental income each year. Conveniently located just a short walk from the beach, boardwalk, restaurants, shopping, great entertainment, and all other Rehoboth Beach attractions. The 200 block of Hickman Street offers the best of both worlds -- quiet residential street and yet easy walk to the many fine restaurants & shops downtown. Adjacent 50' x 100' lot (202 Hickman Street) is also listed for $2,095,000 and creates the rare opportunity to acquire a double lot in South Rehoboth.
Listing courtesy of Cape Realty. Contact: (302) 313-1236