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2 SAULSBURY ST #4 Dewey Beach, DE 19971
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Key Details
Sold Price $205,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DESU171248
Sold Date 02/26/21
Style Unit/Flat
Bedrooms 3
Full Baths 2
Condo Fees $1,200/qua
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $223
Tax Year 2020
Property 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!)
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Direction North
Rooms
Main Level Bedrooms 3
Interior
Interior Features Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Wood Floors, Recessed Lighting, Window Treatments
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Wood
Equipment Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Furnishings Yes
Fireplace N
Window Features Screens
Appliance Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Heat Source Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Parking On Site 2
Utilities Available Cable TV
Amenities Available Common Grounds
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Access,Public Beach,Swimming Allowed
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility Level Entry - Main
Road Frontage Boro/Township
Garage N
Building
Lot Description Landscaping, Open
Story 1
Unit Features Garden 1 - 4 Floors
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Rehoboth
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Insurance,Lawn Maintenance,Other
Senior Community No
Tax ID 334-20.14-251.00-4
Ownership Condominium
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with ROBERT WALSH • BAY COAST REALTY
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