$205,000
$245,000
16.3%For more information regarding the value of a property, please contact us for a free consultation.
2 SAULSBURY ST #4 Dewey Beach, DE 19971
3 Beds
2 Baths
Key Details
Sold Price $205,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DESU171248
Style Unit/Flat
Bedrooms 3
Full Baths 2
Condo Fees $1,200/qua
Annual Tax Amount $223
Tax Year 2020
Property Description
Welcome to "Sea Gem"! This beautifully decorated 3 bedroom, 2 bath condo sits right on the beach! You can't get any closer to the ocean than this! This is just a 6 unit building with a new $30K roof in 2019. Exceptional rental income of $50-55K per year. The prime Summer weeks rent for $3,475.00/week and are fully booked. Enjoy this heated unit year round. Only 6 seasons left on the Land Lease at a very low $1,200 Land Rent per year! Rent from Memorial Day to Labor Day and use the rest of the year virtually "free"! Or enjoy it full time at a cost of $3,958 per month over the 6 years for only $285K! (Less than what someone would pay to rent this property year round!)
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Wood
Equipment Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Laundry Dryer In Unit, Washer In Unit
Exterior
Parking On Site 2
Utilities Available Cable TV
Amenities Available Common Grounds
Waterfront Description Sandy Beach
Water Access Y
Roof Type Architectural Shingle
Building
Lot Description Landscaping, Open
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Rehoboth
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with ROBERT WALSH • BAY COAST REALTY