1500 Bayard Ave, Dewey Beach, DE 19971
$1,250,000

MLS#
Desu173862
Price
$1,250,000
Bedrooms
8
Full Baths
4
Standard Status
Active
Waterfront
N

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+.

Exterior Features


Architectural Style
Contemporary
Construction Materials
Other
Foundation Details
Slab, pillar/post/pier
Garage Features
Garage - Front Entry

Interior Features


Heating
Forced Air, heat Pump(s)
Heating Fuel
Propane - Leased, electric
Cooling
Central A/c
Hot Water
Electric
Fireplace
Y

Additional Details


Square Footage
0
Acres
0.22
Year Built
0
New Construction
N
Property Type
Residential
County
Sussex
Lot Size Dimensions
100.00 X 100.00
SchoolDistrictName
Cape Henlopen
Sussex DE Quadrants
Between Rt 1 & 113