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23 Mckinley Avenue, Dewey Beach, DE 19971 $1,350,000

Beds/Baths: 3/2.1
Interior Sq. Ft: 1,200
Acreage:
Age:43 years
Style:
Colonial
MLS#: DESU2049886
Subdivision: None Available
Design/Type:
End of Row/Townhouse

Description

Super opportunity to own this ocean side renovated 3-bedroom 2.5 bath 1400 square foot beach home. The 2nd floor deck and screened in porch off the open concept living room, make this property an ideal beach retreat. Over sized parking area, outdoor shower and grilling area are an added bonus in a beach town where outdoor space is scarce. Property has a build option to double the existing footprint, another rarity in Dewey Beach. Proven rental history of over $75,000 per year, with repeat family weekly rentals. Buy both 23 and 25 McKinley Ave. for a rental income of over $175,000 per year. A new owner can live in one and rent the other. Close to all the hot spots and restaurants, but private enough to enjoy the tranquility of the beach and ocean. There have been many updates to this property with new composite siding being the most recent. Plenty of off street parking. All furniture and appliances included in the sale. Specifics on size will need to be confirmed by town of Dewey Beach and we urge buyers to confirm for themselves. Come and put your toes in the sand and know that once you park your car you never have to cross a street to get to the ocean....Bliss awaits...Truly a remarkable property.

Taxes: $926
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Garage: N
Basement: Y
Pool: No Pool
School Dist: Cape Henlopen
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Driveway, Off Street

Interior
Partial

Exterior
Block Foundation, Aluminum Siding, Frame Exterior

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 1.35 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 4.29 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Compass , (302) 202-9855

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/16/2024.

23 Mckinley Avenue, Dewey Beach, DE 19971

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