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99 SUSSEX STREET Commercial $2,200,000 — Listed by CARRIE LINGO, Jack Lingo - Lewes

Updated on Jun 19, 2024

Calling all investors! If you’ve ever wanted to own 6 luxury efficiency apartments...

Address 99 SUSSEX STREET
REHOBOTH BEACH, DE 19971
TypePurchase
Price$2,200,000
Bedrooms0
Bathrooms0
StatusActive
Listing Agent
(302) 227-3883
Office
1240 Kings HIGHWAY
Lewes, DE 19958
(302) 227-3883
Located in REHOBOTH BEACH, DE
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!

    Taxes

  • $2,211
  • General

  • Property type: Commercial
  • Property sub type: Other
  • Lot size: 0.33
  • Year built: 1950
  • Listing date: 2023-10-26
  • Listing title: Commercial - REHOBOTH BEACH, DE
  • Architecture style: Other
  • Is new construction: no
  • Num parking spaces: 8.0
  • Roof types: Unknown
  • Listing Details

  • Mls name: Bright MLS
  • MLS Identifier: TRENDPA
  • MLS Number: DESU2050454
  • Provider name: Jack Lingo Realtor, Inc.
  • Provider Category: Broker
  • Property Type: Commercial
  • Property sub type: Other
  • Listing Category: Purchase
  • Office Key: TRENDPA-LINGO01
  • Office ID: LINGO01
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

 

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