99 Sussex Street, Rehoboth Beach, DE 19971 | MLS DESU2050454 | Listing Information | Berkshire Hathaway HomeServices PenFed Realty | Berkshire Hathaway HomeServices PenFed Realty
FOR SALE
$2,400,000  

99 Sussex Street
Rehoboth Beach, DE 19971

Business Opportunities
Commercial
2,722
Sq. Ft.
0.33
Acres Lot
Courtesy: Jack Lingo - Lewes
Calling all investors! If you've ever wanted to own 6 luxury efficiency apartments in the middle of Downtown Rehoboth Beach, this is your chance! The Pine Suites (formerly known as The Printz) is looking for its new owners. After being completely gutted and renovated, all units now feature a new roof, windows, doors, and flooring. The kitchens and bathrooms have also been completely updated, as well as all important systems, including HVAC, electrical, and plumbing. When we say renovated, we truly mean renovated! The ceiling has even been opened up for increased height! Located close to Grove Park, the Rehoboth Beach Farmers Market, and popular restaurants such as Dogfish Head and the Cultured Pearl, you can't beat this location. Only a few blocks away from the ocean and the famous Rehoboth Beach boardwalk, each unit has a rental projection of $1200 per week during peak season, $11,000 for seasonal rentals, and $1,400 per month for year-round rentals. Don't miss your chance to add these gorgeous new units to your investment portfolio. Schedule your private showing now!
DESU2050454
Business Opportunities, Other
SUSSEX
1950
0.33 Acres
Public
Public Sewer
2,722 Sq. Ft.
Interior Features
Appliances
Electric Water Heater
Heating
Electric Heating. .
Exterior / Lot Features
Parking
8 Parking Spaces.
Roof
Shingle
Lot Dimensions
100x142
Additional Exterior/Lot Features
Cleared.
Financial Considerations
334-13.20-151.00
$2,211
Courtesy: Jack Lingo - Lewes
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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