7 Olive Ave is a $2,274,900, 2,958 square foot, 5 bedroom, 5.0 bath home on a 0.11 acre lot located in Rehoboth Beach, DE.
Your sand castle awaits in North Rehoboth. Looking for an oceanblock rental investment property, look no more. This single family home had rental income exceeding $100,000 in 2018. Owner has kept property in immaculate condition and the returning guests come again and again. This inverted floor plan offers four bedrooms and three baths on the first floor and a second floor with master bedroom and bath, dining area, open kitchen, family room and enclosed porch with ocean views. Being just steps to Rehoboth's boardwalk and beach is a tenant and owner must. North Rehoboth keeps you far enough away from the commercial area yet close enough to easily walk to all of Rehoboth's main attractions. Capitalize on today's low interest rates and this property's successful income stream. A winning combination! Global Luxury!
| Above Grade Sqft | 2,958 |
| Appliances | Cooktop Oven - Wall Oven/Range - Electric Refrigerator Washer Dishwasher Built-In Range Dryer - Electric Built-In Microwave |
| Interior Features | Furnished - Yes Flooring - Carpet Flooring - Ceramic Tile Accessibility Features - None Combination Kitchen/Dining Dining Area Family Room Off Kitchen Window Treatments Carpet Entry Level Bedroom Wall And Ceiling Types - Cathedral Ceilings Wall And Ceiling Types - Dry Wall Floor Plan - Open Laundry Type - Main Floor Utilities - Multiple Phone Lines Utilities - Phone Utilities - Cable TV |
| # Fireplaces | 1 |
| Fireplace Types | Fireplace - Yes |
| Cooling Types | Central A/C Cooling Fuel - None Central Air - Yes |
| Heating Types | Central Heating Fuel - None Heating - Yes |
| Parking Types | Asphalt Driveway Parking Type - Driveway |
| Exterior Features | Water Body Type - Ocean Outside Shower Lawn Sprinkler Other Structures - Above Grade Other Structures - Below Grade Waterfront Features - Water Oriented - Yes No Pool In City Limits - Yes Junior High |
| Views | Ocean Water View - Yes |
| Roof | Architectural Shingle |
| Construction Types | Frame |
| Land Type | Location Type - Downtown |
| Water Source | Public |
| Sewer | Public Septic |
| Property Type | Residential |
| Style | Levels/Stories - 2 Coastal Story List - Main Story List - Upper 1 Current Use - Vacation Rental - Yes Standard Fee Simple Grocery/Supermarket Hair Salon |
| Architectural Style | Structure Type - Detached |
| Year Built | 1999 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $2,400.00 |
| County | sussex |
| School District | cape henlopen |
| High School | cape henlopen |
| Neighborhood | None Available |
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