11 Michigan Ave
LEWES, DE 19958

$1,375,000

Description

LEWES BEACH FAMILY COMPOUND. Unlike any other Lewes Beach property; two complete homes under one roof, located 50 steps to the dunes. Double your fun or double your investment income. Simultaneously collect rent & reside. The personal enjoyment / income potential combinations are endless. The rental income from the Guest House alone will subsidize $250,000 of mortgage money. There is room for the entire family and all the water sport accoutrements. So convenient to run back up to the house to get your wake board or tube for boating. Memories are made here!

Details

MLS#DESU103230
StyleHouse
Sub-TypeResale
StatusActive
Year1972
Days On Site150

Features

Bed(s)6
Bath(s) 5 Full, 1 Half
SQ Feet4,400
Garage2
Acreage0.20

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Area Information

StateDE
CityLEWES
Zip Code19958
AreaLewes Rehoboth Hundred (31009)
Community NameLEWES BEACH
School DistrictCAPE HENLOPEN
Listing VS Median (in LEWES BEACH)
Price:
$1,375,000
low | high
Med:
$949,900
80.916363636364% of Average
SqFt:
4,400
low | high
Med:
3,256
76% of Average
$ / SqFt:
$313
low | high
Med:
$292
56.643734643735% of Average
On Site:
150
low | high
Med:
8
100% of Average
Listing Updated: 04/20/2019
MLS Number: DESU103230
Listing Provided By:
SKIP FAUST III  of  COLDWELL BANKER RESORT REALTY - R