20471 Lincoln Street
20471 Lincoln Street
$734,000
—
2,050
2,050
$358
Pending
Description
Offers due by Tuesday, 4/23/2024 at 5:00pm. Investment opportunity! This 4-unit multi-family property is located east of the Lewes Rehoboth Canal and within biking distance of downtown Rehoboth and Dewey Beach. The property consists of two well maintained and recently updated buildings, each with 1st floor and 2nd floor units. 20473 #1 (front) - 2 bedrooms/1bath, 20473 #2 (front) - efficiency/1 bath, 20471 #1 (rear) - 3 bedrooms/2 bath, 20471 #2 (rear) - 1 bedroom/1bath. All units are occupied and...Offers due by Tuesday, 4/23/2024 at 5:00pm. Investment opportunity! This 4-unit multi-family property is located east of the Lewes Rehoboth Canal and within biking distance of downtown Rehoboth and Dewey Beach. The property consists of two well maintained and recently updated buildings, each with 1st floor and 2nd floor units. 20473 #1 (front) - 2 bedrooms/1bath, 20473 #2 (front) - efficiency/1 bath, 20471 #1 (rear) - 3 bedrooms/2 bath, 20471 #2 (rear) - 1 bedroom/1bath. All units are occupied and remain leased at market rental rates, with potential for rent growth in the future. Excellent investment property with attractive and stable income. Income and expenses available.
- Listed by SHAUN TULL • Jack Lingo - RehobothP: 3022266417 shaun@rbre.com
- Listed by BRYCE LINGO • Jack Lingo - RehobothP: 3022266417 shaun@rbre.com
Property Details for 20471 Lincoln Street
Tax ID Number
334-19.08-163.01
OwnershipFee Simple
Structure TypeDetached
StyleOther
WaterfrontNo
GarageNo
SubdivisionREHOBOTH MANOR
SubdivisionREHOBOTH MANOR (SUSSEX DE)
Location
LISTING UPDATED: 04/25/2024 12:11 PM
Property Details for 20471 Lincoln Street
Status | Pending |
---|---|
MLS # | DESU2059506 |
Days on Market | 16 |
Taxes | $1,654 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1981 |
Lot Size | 0.21 AC / 9,148 SF |
County | Sussex County |
Location
Building Information for 20471 Lincoln Street
Stories-Residences4Year Built1981Building Size-Lot Size0.21 AC / 9,148 SF
Payment Calculator
$4,144 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 20471 Lincoln Street
Property History for 20471 Lincoln Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 20471 Lincoln Street
This home is within Cape Henlopen School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Rehoboth Elementary School PublicK to 5 | ||
Mariner Middle School Public6 to 8 | ||
Cape Henlopen High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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