2 SAULSBURY
Dewey Beach, Sussex, Delaware 19971
Property Type: Condos Townhomes
Condo Fee: $1,200 Quarterly
School District: Cape Henlopen
Acceptable Financing: Cash,Conventional
Map Section: East Of Rt. 1
Building Style: Stick Built
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!)
22 photos. Click on the image to enlarge and view the entire gallery.
MLS Listing #: DESU171248
Asking Price: $245,000
Building: Colonial Seas
Address: 2 SAULSBURYSAULSBURY
Dewey Beach, Sussex, Delaware 19971 |
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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!)
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Foundation: Crawl Space
Waterfront: Ocean
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Section: East Of Rt. 1
School District: Cape Henlopen
Property: Condo/Townhouse
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| TAXES & FEES are ANNUAL AMOUNTS unless otherwise noted |
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County Tax: $21
Condo Fee: $Y
Rental Income: $51,000
Ground Rent Years: 6
Land Lease Years: 0
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Roofing
Architectural Shingle
Water Access Features
Public Access,Public Beach,Swimming Allowed
Lot Features
Landscaping,Open
Exterior type
Stick Built
Cooling
Window Unit(s)
Heating
Baseboard - Electric
Water
Public
Sewer
Public Sewer
Style
Unit/Flat/Apartment
Interior Features
Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Wood Floors, Recessed Lighting, Window Treatments
Flooring
Wood
Appliances
Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Parking
Parking Lot, Off Street
Days On Market
60
HOA/Condo/Coop Amenities:
Common Grounds;
2 SAULSBURYSAULSBURY Dewey Beach, Sussex, Delaware 19971
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