21 Saulsbury Street, Dewey Beach, DE 19971 $269,000

MLS Number
Desu118050
Subdivision Name
Rehoboth By The Sea
List Price
$269,000
Bedrooms
7
Full Baths
4
City Name
Dewey Beach
Do Not Miss This Opportunity To Purchase On The Ocean Block In Dewey Beach. Two Homes On One Property, A Strong Rental History, And Major Tax Savings Make This Land Lease Property A Special Deal. There Are 6 Years Left On The Current Land Lease (only $805 A Year!) With An Opportunity To Purchase The Land Or Start A New 60 Year Lease For $24,584 Annually. Vacation Rental Income Has Been Approximately 60k Over Past Years! Financing Is Available For Buyers Looking To Purchase The Home With A New Land Lease Or Purchase The Land Along With The Home. New Land Lease Requires An Acquisition Fee Of Of $46,703.

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List Office Name:
360 Property Solutions

Interior Features

Heating
Baseboard, central
Cooling
Central A/c, wall Unit
Flooring
Carpet, hardwood

Exterior Features

Architectural Style
A-frame
Construction Materials
Wood Siding, stick Built
Roof
Shingle

Additional Details

Square Footage
2500
Acres
0.00
Year Built
1973
New Construction
N
Lot Size Dimensions
50 X 100