Collins Ave Dewey Beach Delaware
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103 COLLINS AVE
Dewey Beach, Sussex, Delaware 19971

MLS #: DESU2026434

Living Sq. Ft.

1340

Year Built

1984

Price

$939,900


Mls Status: ACTIVE

Property Type: Condos Townhomes

List Price: $939,900

Bedrooms: 4

Full Baths: 3

List Date: 08-22-2022

Year Built: 1984

Condo Fee: $495 Monthly

Age Qualified: N

Annual Taxes: $1,295

Unit Number: 601

In City Limits: Y

Sewer: Public Sewer

Pool: Yes - Community

View: Bay, Marina

School District: Cape Henlopen

Acceptable Financing: Conventional,Cash

Heating Fuel: Electric

Total Garage And Parking Spaces: 6

Cooling Fuel: Electric

Price Per Square Foot: $701.42

Lot Sq. Feet: 0

Foundation: Pilings

Map Section: Between Rt 1 & 113

City Taxes: $122

Rental Income: $95,145

Community: Indian Beach

Ownership: Condominium

Building Style: Frame,Stick Built

Longitude & Latitude: 38.68814000 -75.07487000

Property Description

Ask about special financing options!This property is eligible for 10 percent down second home financing with rate below 6 percent for qualified buyer. Rarely does an opportunity like this become available!! Beautiful four bedroom three bath townhome in the Cove with bayviews steps to the Rehoboth marina and Dewey beaches. This unit features new vinyl plank flooring and paint. Kitchen has been enlarged and upgraded with custom cabinets, granite counters and stainless appliances. Master bath has also been enlarged and remodeled. Parking and storage underneath is an added bonus. Amenities include a pool and tennis. This unit has an excellent rental history exceeding gross rental income of $95,000 in 2021 and approx. 90K in 2022 (owner held off renting once it went on the market for sale). Nicely furnished, turn key and ready for you to enjoy this fall. This would make a wonderful second home or investment property. Well managed association by professional management company and association has a strong reserve fund.

103 COLLINS AVECOLLINS AVE, Dewey Beach, Delaware
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MLS Listing #: DESU2026434
Asking Price: $939,900
Community: Indian Beach > Building: Cove

Address: 103 COLLINS AVECOLLINS AVE
Dewey Beach, Sussex, Delaware 19971
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Ask about special financing options!This property is eligible for 10 percent down second home financing with rate below 6 percent for qualified buyer. Rarely does an opportunity like this become available!! Beautiful four bedroom three bath townhome in the Cove with bayviews steps to the Rehoboth marina and Dewey beaches. This unit features new vinyl plank flooring and paint. Kitchen has been enlarged and upgraded with custom cabinets, granite counters and stainless appliances. Master bath has also been enlarged and remodeled. Parking and storage underneath is an added bonus. Amenities include a pool and tennis. This unit has an excellent rental history exceeding gross rental income of $95,000 in 2021 and approx. 90K in 2022 (owner held off renting once it went on the market for sale). Nicely furnished, turn key and ready for you to enjoy this fall. This would make a wonderful second home or investment property. Well managed association by professional management company and association has a strong reserve fund.


ACTIVE
Beds: 4
Baths: 3
Year Built: 1984
Dwelling SqFt: 1340
Foundation: Pilings
Pool: Yes - Community
View: Bay, Marina
Section: Between Rt 1 & 113
School District: Cape Henlopen
Property: Condo/Townhouse
 
TAXES & FEES are ANNUAL AMOUNTS unless otherwise noted
City Tax: $122
County Tax: $1,173
Condo Fee: $Y
Rental Income: $95,145
Land Lease Years: 0
 

Roofing

Architectural Shingle

Exterior type

Frame, Stick Built

Exterior Features

Secure Storage, Tennis Court(s)

Cooling

Ceiling Fan(s), Central A/C

Heating

Heat Pump(s)

Water

Public

Sewer

Public Sewer

Style

Interior Row/Townhouse

Porch/Patio/Deck

Deck(s), Balcony

Interior Features

Breakfast Area, Combination Kitchen/Dining, Family Room Off Kitchen, Tub Shower, Stall Shower, Upgraded Countertops, Window Treatments

Flooring

Luxury Vinyl Plank

Appliances

Built-In Microwave, Dishwasher, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater

Parking

Attached Carport, Off Street, Driveway, Parking Lot

Fireplace

Wood

Days On Market

105

HOA / Condo / Coop Amenities:

Pool - Outdoor, Tennis Courts;


103 COLLINS AVECOLLINS AVE Dewey Beach, Sussex, Delaware 19971
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