They say the biggest selling point in real estate is location. Welcome to 20920 South Ave where you are a block from the beach, a 5-minute walk to Dewey Beach and the beautiful Atlantic Ocean. Just up the road from downtown Rehoboth and a cool 15-minute drive to Bethany Beach, makes this property a beach bum's paradise! The layout features a duplex-style floorplan to allow for both short-term and long-term rentals of one or both units. Two separate entrances allow for optimal privacy for inhabitants. This property also offers a 4-5 car driveway, perfect for entertaining larger gatherings. The bottom unit is currently being rented for the Summer (tenants can convey with sale). The seller currently uses the home as a seasonal rental and brings in roughly $20,000-$25,000 in the Summer season for just the bottom unit alone. The new owner of the property has the opportunity to enjoy their stay in either unit while bringing in rent on one or just rent both for the full income potential. Similar properties being used as short-term rentals in the area bring in about $2,500/week. LOTS of investment and/or beach getaway potential.

Listing courtesy of Long & Foster Real Estate, Inc.



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.