2 Saulsbury Street UNIT 4,  Dewey Beach DE, 19971

(Active)
$285,000
|
3 beds, 2 Full baths
|
MLS# DESU171248
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Last Updated: 10/28/2020 6:30 PM
Description for 2 Saulsbury Street UNIT 4 Dewey Beach, DE 19971
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!)
Price
$285,000
None Available
SUSSEX
3
2 Full
DESU171248
Active
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!)
Listing Information
Property Type: Condo, Other
3 2 Full
0 1,200
None Available
Crawl Space
Electric Water Heater, Public Water Service
Public Sewer
Cable TV
Neighborhood
School Information
District: Cape Henlopen
REHOBOTH BEACON CAPE HENLOPEN
Room Information
Bathrooms
2
Dining Area
Eat-In Kitchen
Interior Features
Dishwasher, Microwave, Electric Range/Cooktop, Refrigerator, Stacked Washer/Dryer, Dryer, Washer
Wood
Window Air Conditioning, Electric, Ceiling Fan(s)
Electric Heating
Screened
Breakfast Area, Open Floor Plan, Wood Floors, Recessed Lights, Window Treatment
Exterior / Lot Features
2 Parking Spaces, Assigned Parking Space
Composition Shingle
TN
Beach-Community, Water Front, Landscaped, Ocean Front, Asphalt, Open
Driving Directions
South on Route 1 into Dewey. Left on Saulsbury. Property is at the end of the street at the beach on the right. Unit 4 is straight ahead as you pull into lot.
Financial Considerations
$223
2020
Listing Price History

Dewey Beach Real Estate

Dewey Beach is located in Delaware. Dewey Beach, Delaware 19971 has a population of 16,316.

The median household income in Dewey Beach, Delaware 19971 is $65,974. The median household income for the surrounding county is $50,044 compared to the national median of $50,013. The median age of people living in Dewey Beach 19971 is 47 years.

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Courtesy: BAY COAST REALTY
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