1500 BAYARD
Dewey Beach, Sussex, Delaware 19971

MLS #: DESU173862

                                             Price
                                        
                                            $1,250,000

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Mls Status: ACTIVE

Property Type: Single Family

List Price: $1,250,000

Bedrooms: 8

Full Baths: 4

List Date: 12-08-2020

Age Qualified: N

Annual Taxes: $1,069

Land Leased Fees: $12,748 Annually

In City Limits: Y

Sewer: Public Sewer

Pool: None

School District: Cape Henlopen

Acceptable Financing: Cash,Conventional

Heating Fuel: Propane - Leased,Electric

Total Garage And Parking Spaces: 7

Cooling Fuel: Electric

Lot Sq. Feet: 9,583

Foundation: Slab, Pillar/Post/Pier

Map Section: Between Rt 1 & 113

City Taxes: $600

Rental Income: $77,400

Lot Size Acres: 0.22

Ownership: Land Lease

Building Style: Other

Longitude & Latitude: 38.69888000 -75.07790000

Property Description

EXCELLENT RENTAL HISTORY & INCOME! With an expected $80,000 in rental bookings for the 2021 season, this is the perfect time to purchase and enjoy immediate income. This is a classic Dewey Beach house now offered upgraded and updated! Featured on the DIY Network, this two unit home positioned on a double lot is steps to the beach, shopping, and dining. Recently remodeled both inside and out, this beach escape offers EIGHT bedrooms and FOUR full bathrooms. The main home includes three first level bedrooms, two full bathrooms, and a large kitchen and living space for entertainment. Upstairs in the main home is two additional bedrooms and a bathroom. The guest home features a trendy kitchen, open to a living space on the main floor, with three bedrooms and a full bathroom on the second level. The guest house is also equipped with a laundry room. Many of the bedrooms in the main home are set up as suites to include both a bed and sitting area. Outside is a large backyard with two paver patios, picnic benches, fire pit, grilling area, and plenty of room for yard games. This home is being offered fully furnished and welcomes great rental income and potential-live in one side, rent the other, or rent both! Recent upgrades include new HVAC on both sides, upgraded kitchens and bathrooms, roof, windows, siding, exterior doors, and more. Home has rental bookings for most of the summer. As of 3/13/21 there $60,900 worth of bookings and there are still 3 summer weeks available for renting (subject to change without notice). Expected full summer rental booking of $80,000+.

1500 BAYARDBAYARD, Dewey Beach, Delaware

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MLS Listing #: DESU173862
Asking Price: $1,250,000

Address: 1500 BAYARDBAYARD
Dewey Beach, Sussex, Delaware 19971

ACTIVE Beds: 8 Baths: 4	Lot Acres: 0.22 Foundation: Slab, Pillar/Post/Pier	Section: Between Rt 1 & 113 School District: Cape Henlopen Property: Single Family

TAXES & FEES are ANNUAL AMOUNTS unless otherwise noted
City Tax: $600 County Tax: $44 Rental Income: $77,400 Land Lease Amount: $12,748 Land Lease Frequency: Annually Land Lease Years: 0

Exterior type

Other

Cooling

Central A/C

Heating

Forced Air, Heat Pump(s)

Water

Public

Sewer

Public Sewer

Style

Detached

Parking

Off Street, Attached Garage

Fireplace

Wood

Days On Market

1500 BAYARDBAYARD Dewey Beach, Sussex, Delaware 19971

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1500 BAYARD
Dewey Beach, Sussex, Delaware 19971

MLS #: DESU173862

Price

$1,250,000