Description
Charming turn-of-the-century cottage with income potential – just steps from rehoboth beach boardwalk
main house: 7 bedrooms | 3.5 baths -
guest house: 3 bedrooms | 1 bath -
two rental licenses | six-figure annual income
nestled on the ocean block of one of rehoboth’s most iconic locations, 16 delaware avenue is a rare opportunity to own a piece of coastal history just steps from the iconic boardwalk and sandy beaches. this charming turn-of-the-century cottage offers classic character and exceptional investment potential in the heart of rehoboth beach.
the main house features 7 spacious bedrooms and 3.5 baths, and a new kitchen perfect for large gatherings or multiple tenants. in addition, a detached guest house offers 3 bedrooms and 1 full bath, ideal for overflow guests or an additional rental stream. with two active rental licenses, the property is a proven income generator, already bringing in six figures annually with low operating costs given the newly installed solar array.
there’s additional upside: with thoughtful updates and enhancements, rental income could easily double, as demonstrated by comparable nearby properties. whether you're looking for a full-time beach retreat, a vacation getaway, or a high-performing investment, this property offers the flexibility and location that discerning buyers seek.
enjoy morning strolls along the boardwalk, easy access to shops and restaurants, and a home filled with vintage charm and modern potential.
bonus opportunity: this home can also be purchased in combination with neighboring 18 delaware avenue (mls# desu2087710), offering a rare chance to own a 100x100 foot compound in one of the most sought-after locations in rehoboth beach. whether you're looking for a private family estate or a high-performing vacation rental portfolio, the possibilities here are truly unique.
don’t miss this exceptional opportunity in the heart of rehoboth beach
Property Type
ResidentialSubdivision
South RehobothCounty
SUSSEXStyle
Coastal,CottageAD ID
50091703
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 10
- Master Bedroom Level: 10
Bathroom Information
- Total Baths: 5
- Full Baths: 4
- Half Baths: 1
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Architectural Shingle
- Fireplace: Brick
Roofing Information
- Architectural Shingle
Heating & Cooling
- Cooling: Central A/C
- Heating: Heat Pump - Electric BackUp
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1914
- Structure: Detached
- Fireplace: 1
- New Construction: No
- Total Floors: 2
- Built: 1914
- Construction Material: Frame,Aluminum Siding
- Roof: Architectural Shingle
- Foundation/Basement: Crawl Space
- Architecture: Coastal,Cottage
- Pool/Private: No Pool
- Roof Type: Architectural Shingle
Exterior Features
- Building Name: NONE AVAILABLE
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 5,029
- Lot Size (Acres): 0.12
- Architectural Style: Coastal,Cottage
- Main Square Feet: 5,029
Property Information
- SQ ft: 3,300
- SQ ft (Living Area): 3,300
- Total Lot SQ ft: 5,029
- Subdivision: SOUTH REHOBOTH
- Financing: Cash,Conventional
- Total Acreage: 0.12
- New Construction: No
- Type: Coastal,Cottage
-
Listing Information
Listing Information
- Possession: 0-30 Days CD
- Days Of Market: 4
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,546
- Tax Year: 2019
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
- Roof: Architectural Shingle
Homeowners Association Information
- Direction: From Rehoboth Avenue, take right onto first street and left onto Delaware. Both homes are on the right.
-
School, Utilities & Location Details
School Information
- Elementary School: REHOBOTH
- Middle OR Junior School: BEACON
- High School: CAPE HENLOPEN
- School District: CAPE HENLOPEN
Fire Place Information
- Total Fire Place: 1
- Fire Place Features: Brick
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: From Rehoboth Avenue, take right onto first street and left onto Delaware. Both homes are on the right.
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BuyOwner last updated this listing 06/09/2025 @ 06:20
- MLS: DESU2087708
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 10 bedrooms which is for sale, it has 0 sqft, 5,029 sized lot, and 0 parking. are nearby neighborhoods.