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    25 Read Avenue , #1

    DEWEY BEACH, DE 19971
    • $997,500
    • STATUS: Active Under Contract
    • ON SITE: 26 days
    • ID#: DESU183908
    Under Contract
    UPDATED: 70 min ago
    $997,500
    • 4
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Condo
    County:

    School Ratings & Info

    School District:

    Description

    Introducing 25 Read Ave #1 Seabreeze Village! This 4bedroom 3.5 bath ocean block townhouse is an end unit (oceanside) with additional windows creating a brilliant sunshine splashed living area. Ocean views from the master bedroom and 2nd & 3rd floor balconies. This ocean block townhome offers 2 master suites (entry level & 3rd floor), all new replacement windows, three new glass sliders (2 years old) and a newer hvac system (5 years old). The kitchen was remodeled in 2016 that includes new cabinets, appliances, corian counters and ceramic tile floors, recessed and new lighting fixtures. The 2nd floor (main living area) offers an open floorplan that includes the kitchen, open dining and family room which creates an atmosphere that's excellent for family gatherings, BBQ's... The rare community inground pool offers yet another excellent gathering area! The front staircase of the building has just been replaced with upgraded synthetic decking and vinyl rails and all assessments have been paid by the seller. Enjoy the outdoors off of one of the three balconies or the front screened porch. Summer rentals are in place. The rental income for 2021 to date is $40,945. This unit is fully furnished, turn key with rental incomes conveying to the purchaser from the settlement date forward. The present owner hasn't raised their rents for several years. This unit could easily generate $50K+ with some off season rentals. This is an excellent opportunity to own in the ocean block in Dewey!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-23T14:54:57.51.
    www.ramusrealty.com/homes/117639478
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    25 Read Avenue , #1 DEWEY BEACH, DE 19971

    • Price: $997,500
    • Status: Active Under Contract
    • Updated: 70 min ago
    • ID#: DESU183908
    4
    Beds
    3
    Baths
    1
    ½ Baths
    N/A
    Acres
    Neighborhood:
    None Available
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    School District:
    Cape Henlopen
    Property Description
    Introducing 25 Read Ave #1 Seabreeze Village! This 4bedroom 3.5 bath ocean block townhouse is an end unit (oceanside) with additional windows creating a brilliant sunshine splashed living area. Ocean views from the master bedroom and 2nd & 3rd floor balconies. This ocean block townhome offers 2 master suites (entry level & 3rd floor), all new replacement windows, three new glass sliders (2 years old) and a newer hvac system (5 years old). The kitchen was remodeled in 2016 that includes new cabinets, appliances, corian counters and ceramic tile floors, recessed and new lighting fixtures. The 2nd floor (main living area) offers an open floorplan that includes the kitchen, open dining and family room which creates an atmosphere that's excellent for family gatherings, BBQ's... The rare community inground pool offers yet another excellent gathering area! The front staircase of the building has just been replaced with upgraded synthetic decking and vinyl rails and all assessments have been paid by the seller. Enjoy the outdoors off of one of the three balconies or the front screened porch. Summer rentals are in place. The rental income for 2021 to date is $40,945. This unit is fully furnished, turn key with rental incomes conveying to the purchaser from the settlement date forward. The present owner hasn't raised their rents for several years. This unit could easily generate $50K+ with some off season rentals. This is an excellent opportunity to own in the ocean block in Dewey!
    Exterior Features

    Architectural Style Reverse Assigned Parking Spaces 2 Construction Materials Stick BuiltVinyl Siding Distance To Body Of Water 600 Door Features Sliding GlassStorm Exterior Features Outside ShowerSidewalks Fencing Board Garage YN No Other Structures Above GradeBelow Grade Parking Features AssignedUnder Home Parking Parking Types Off Street Patio And Porch Features Balconies- MultipleScreened Pool Yes - Community Roof Architectural Shingle Soil Types Sandy View OceanBay Water Access Features Boat - PoweredCanoe/KayakFishing AllowedPersonal Watercraft (Pwc)Public AccessPublic BeachSailSwimming Allowed Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricExhaust FanIcemakerOven/Range - ElectricWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Furnished Yes Heating Heat Pump - Electric BackupForced Air Heating YN Yes Inclusions Fully Furnished As Viewed Interior Features Built-InsCarpetCombination Dining/LivingDining AreaEntry Level BedroomCombination Kitchen/LivingFamily Room Off KitchenFloor Plan - OpenRecessed LightingStall ShowerTub ShowerUpgraded CountertopsWindow Treatments Laundry Type Dryer In UnitWasher In UnitUpper Floor Levels 3 Main Level Bedrooms 1 Room List Dining RoomKitchenFamily RoomLaundryHalf Bath Unit Floors 3 Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association Amenities Common GroundsPool - OutdoorReserved/Assigned Parking Association Fee 525.00 Association Fee Frequency Monthly Association Fee Includes Common Area MaintenanceExt Bldg MaintInsurancePool(S) Association Fee2 0.00 Association Fee2 Frequency Monthly Association YN Yes Central Air YN Yes Condo YN Yes Cooling Fuel Electric Entry Level 1 Federal Flood Zone YN Yes Heating Fuel Electric Hot Water Electric Navigable Water YN Y New Construction YN No Original MLSNumber 304625970656 Ownership Interest Condominium Possession ImmediateNegotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 1571.00 Vacation Rental YN Yes Water Source Private Window Features ReplacementScreensStormVinyl CladDouble Pane Zoning Tn

    Listing courtesy of Berkshire Hathaway Homeservices Gallo-R.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-23T14:54:57.51.
     
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