This condominium sounds like a fantastic investment opportunity! Its location close to downtown, combined with its flexibility for weekly rentals and Airbnb, make it very attractive. The potential rental income figures are promising, especially during prime season. It can possibly rent for $1995- a week during prime season and year-round for $2000-/month.
The layout seems well-designed for both comfort and functionality, with the open concept living space, hardwood floors, and a spacious deck overlooking the pool. The two bedrooms and two bathrooms, along with updated features like new vanities and toilets, add to its appeal.
Moreover, amenities like assigned parking, mature landscaping, a community pool, grill area, dining gazebo, and covered bike storage enhance the overall value of the property. Its proximity to the Breakwater bike trail and the easy access to town and the beach make it even more appealing to potential renters.
Overall, it seems like a highly desirable property with great potential for rental income and enjoyment for both tenants and owners alike.
The demand for this location will mean that it won't last long. Call today for a showing.
Facts & Features
MLS® #
DESU2055804
Price
$525,000
Bedrooms
2
Bathrooms
2.00
Full Baths
2
Acres
0.00
Year Built
1983
Type
Residential
Sub-Type
Condo, Unit/Flat/Apartment, Garden 1 - 4 Floors
Style
Condo/Unit
Status
Active
Tax Year
2023
Annual Tax Amount
$842
Community Information
Address
200 Henlopen Stat #202b
Area
Lewes Rehoboth Hundred (31009)
Subdivision
HENLOPEN STATION
City
Rehoboth Beach
County
SUSSEX-DE
State
DE
Zip Code
19971
Within City Limits
No
Sussex Delaware Quadrant
Between Rt 1 & 113
Amenities
Amenities
Built-Ins, Carpet, Entry Lvl BR, Master Bath(s), Soaking Tub, Stall Shower, Shades/Blinds, Wood Floors
Utilities
Cable TV, Electric Available, Sewer Available, Water Available
Parking Spaces
2
Parking
Assigned
Is Waterfront
No
Has Pool
Yes
Interior
Interior Features
Floor Plan-Open
Appliances
Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range-Electric, Refrigerator, Washer, Water Heater
Heating
Heat Pump(s)
Cooling
Heat Pump(s)
Fireplace
No
# of Stories
3
Stories
3
Has Basement
No
Exterior
Exterior
Stone, Vinyl Siding
Roof
Architectural Shingle
Foundation
Concrete Perimeter
Additional Information
Date Listed
February 21st, 2024
Days on Market
74
Zoning
C-1
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
711.00
HOA Fees Freq.
Quarterly
Listing Details
Office
McWilliams/Ballard, Inc.
Contact Info
(302) 330-7003