99 Sussex St, Rehoboth Beach, De

$2,400,000

Price

2,722 sqft

Building Size

1950

Year Built

Gallery
Street
Map
Overview
Building Size
2,722 sqft
Year Built
1950
Price Per Sqft
$881.70
Zoning
TN
Roof
Shingle
Description

Cleared

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!

Highlights
  • Days on Market: 185
  • Parking Features: Private
  • Heating: Other
Location
Gallery