20471 & 20473 LINCOLN STREET

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Address: 20471 & 20473 LINCOLN STREET, REHOBOTH BEACH, Delaware, US

Washington DC + 2-4 Units

Created date: April 18, 2024

Date last updated: April 18, 2024

Property Description

Investment opportunity! This 4-unit multi-family property is located east of the Lewes Rehoboth Canal and within biking distance of downtown Rehoboth and Dewey Beach. The property consists of two well maintained and recently updated buildings, each with 1st floor and 2nd floor units. 20473 #1 (front) - 2 bedrooms/1bath, 20473 #2 (front) - efficiency/1 bath, 20471 #1 (rear) - 3 bedrooms/2 bath, 20471 #2 (rear) - 1 bedroom/1bath. All units are occupied and remain leased at market rental rates, with potential for rent growth in the future. Excellent investment property with attractive and stable income. Income and expenses available.

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Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$734,000
No. of Units:	4
Year Built:	1981
Lot Size:	2,050.00 Sq ft
Opportunity Zone:	No
Price per unit:	$183,500
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	0

Address: 20471 & 20473 LINCOLN STREET, REHOBOTH BEACH, DE 19971, USA

Provided by:

Standard Status: Active

MLS Listing Number: DESU2059506

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