99 SUSSEX ST
99 SUSSEX ST
REHOBOTH BEACH, DE 19971
MLS Number: DESU2050454
$2,400,000
SqFt: 2,722
SqFt: 2,722
Description
- Calling all investors! If youve 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 cant 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. Dont miss your chance to add these gorgeous new units to your investment portfolio. Schedule your private showing now!
General Details
- Living Area: 2,722
- Lot Area: 14,200
- Property Type: Other
- County: SUSSEX
- Year Built: 1950
- Sewer: Public Sewer
Community Information
- Zoning: TN
Exterior Features
- Garage(s): N
- Roof: Shingle
- Waterfront: N
- Waterview: N
Interior Features
- Heating: Other
- Cooling: N
- Water: Public
Lot Information
- SqFt: 14,200
- Dimensions: 100x142
School Information
- School District: CAPE HENLOPEN
Fees & Taxes
- City Taxes: $816
- County Taxes: $127
Other Info
- Listing Courtesy Of: Jack Lingo - Lewes