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99 Sussex Street

REHOBOTH BEACH, DE 19971
  • $2,400,000
  • STATUS: Active
  • ON SITE: 126 Days
  • ID#: DESU2050454
Price Reduced
UPDATED: 141 min ago
$2,400,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

Description

Calling all investors! If you+GGve ever wanted to own 6 luxury efficiency apartments in the middle of Downtown Rehoboth Beach, this is your chance! The Pine Suites (formerly known as The Printz) is looking for its new owners. After being completely gutted and renovated, all units now feature a new roof, windows, doors, and flooring. The kitchens and bathrooms have also been completely updated, as well as all important systems, including HVAC, electrical, and plumbing. When we say renovated, we truly mean renovated! The ceiling has even been opened up for increased height! Located close to Grove Park, the Rehoboth Beach Farmers Market, and popular restaurants such as Dogfish Head and the Cultured Pearl, you can+GGt beat this location. Only a few blocks away from the ocean and the famous Rehoboth Beach boardwalk, each unit has a rental projection of $1200 per week during peak season, $11,000 for seasonal rentals, and $1,400 per month for year-round rentals. Don+GGt miss your chance to add these gorgeous new units to your investment portfolio. Schedule your private showing now!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Asif Qadir Group | RE/MAX Premiere Selections. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-29T23:55:58.55.
www.asifqadir.com/homes/144748930
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99 Sussex Street REHOBOTH BEACH, DE 19971

  • Price: $2,400,000
  • Status: Active
  • On Site: 126 Days
  • Updated: 141 min ago
  • ID#: DESU2050454
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1950
Built
Neighborhood:
Lewes Rehoboth Hundred (31009)
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
Calling all investors! If you+GGve ever wanted to own 6 luxury efficiency apartments in the middle of Downtown Rehoboth Beach, this is your chance! The Pine Suites (formerly known as The Printz) is looking for its new owners. After being completely gutted and renovated, all units now feature a new roof, windows, doors, and flooring. The kitchens and bathrooms have also been completely updated, as well as all important systems, including HVAC, electrical, and plumbing. When we say renovated, we truly mean renovated! The ceiling has even been opened up for increased height! Located close to Grove Park, the Rehoboth Beach Farmers Market, and popular restaurants such as Dogfish Head and the Cultured Pearl, you can+GGt beat this location. Only a few blocks away from the ocean and the famous Rehoboth Beach boardwalk, each unit has a rental projection of $1200 per week during peak season, $11,000 for seasonal rentals, and $1,400 per month for year-round rentals. Don+GGt miss your chance to add these gorgeous new units to your investment portfolio. Schedule your private showing now!
Exterior Features

Construction Materials Stick Built Garage YN No Lot Features Cleared Parking Features Private Parking Types Parking Lot Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2722.00 Cooling Ductless/Mini-Split Heating Other Heating YN Yes Net Square Feet 2722.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2023 Business Type Other Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802693201520 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 2211.00 Tax Assessment Amount 28300.00 Tax Lot 9 Vacation Rental YN No Water Source Public Zoning TN

Listing courtesy of Jack Lingo - Lewes: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Asif Qadir Group | RE/MAX Premiere Selections. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-29T23:55:58.55.
 
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966 Hungerford Drive #29
Rockville MD, 20850