Two dwellings on one lot make this property an affordable second home and great investment property. The front house offers1152 square feet, 2 bedrooms and a full bath in an A frame house with loads of character and charm. The back cottage offers 494 square, feet 1 bedroom and a full bath for a great guest house or rental unit. These dwellings are never empty and are in high demand given their close proximity to the beach, boardwalk, and restaurants. With some elbow grease they would shine! Both dwellings create over $28,000 in rental income. The lot is long and offers a shed and room for a pool! The best is that there is no flood insurance required!!! The age is an estimate. Don't let this one slip by!!
Lot Description: Front Yard, Rear Yard, Side Yard(s)
Lot Acres: 0.18
Lot Sq Ft: 7, 841
School District: Cape Henlopen
Ownership: Fee Simple
Year Built: 1970
Tax Year: 2016
Tax Amount: 485
$ per month Year Fixed. % Interest Rate.
Principal + Interest:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: Lisa Mathena Patterson-Schwartz-Dover