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John Black, Realtor®
Patterson Schwartz Real Estate
18958 Coastal Highway - Suite C

Rehoboth Beach, DE 19971
Direct: 302-249-6922
Office: 302-703-6987

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Listing 16 out of 517
$539,900 For Sale

1204 Savannah Road
Lewes, DE 19958

4 beds, 3 full, 1 partial baths | Single Family Home
2,596 sq ft; lot: 0.6 acres - MLS# DESU128680
Property Photo
1/58

Description

Sturdy Lewes Homestead with Medical / Professional Use Aspirations & Likelihood. Essentially new construction, completely rebuilt Lewes home being offered with two independent building lots, with Conditional Use Approval #2109 of record, and the near term availability of City of Lewes water & sewer. The combinations of opportunities are only as limited as the imagination and entrepreneurial spirit within. The gross rental potential of subject property: Residential long term lease $24, 000 annually. Alternatively, notwithstanding the 966 sq ft of basement space, valued at a minimum of $5 per sq ft for conditioned storage space ($4, 830 annually / $402.50 monthly) that should be incorporated in any commercial lease, levels 1 & 2 of the home is 1630 sq ft, if lease as finished medical space, at the market rate of $20 per sq ft = $32, 600 annually ($2, 716.67 monthly). This same 1630 sq ft lease as finished office space, at the market rate of $16 per sq ft = $26, 080 annually ($2, 173.33 monthly). Additionally, the garage and shed could generate $3, 600-$4, 800 annually ($300-$400 monthly).

Features

  • Property Type: Single Family Home
  • Sub Type: Detached
  • Listing Status: Active
  • County/Area: Sussex County
  • Zip Code: 19958
  • Year Built: 1955
  • Subdivision/Neighborhood: Available
  • School District: Cape Henlopen
  • Sq.Ft.: 2,596 sq ft
  • Style: Cape Cod
  • Stories: 2 Story
  • Bedrooms: 4
  • Full Baths: 3
  • Half Baths: 1
  • Basement: Yes, Full
  • Garage: 2-Car, Yes, Garage - Side Entry
  • Lot Size: 0.6 acres
  • Accessibility: Ramp - Main Level
  • Baths: 4
  • Zoning: AR1
  • # of Detached Garage Spaces: 2
  • Above Grade Fin SQFT: 1,630
  • Above Grade Fin SQFT Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $34000.00
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater
  • Basement Footprint Percent: 100.00
  • Bathrooms Count All Upper Levels: 2
  • Bathrooms Count Main Level: 2
  • Bathrooms Count Upper Level 1: 2.00
  • Bathrooms Full All Upper Levels: 2
  • Bathrooms Full Main Level: 1
  • Bathrooms Full Upper Level 1: 2
  • Bathrooms Half Main Level: 1
  • Bedrooms Count All Upper Levels: 3
  • Bedrooms Count Main Level: 1
  • Bedrooms Count Upper Level 1: 3
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 966
  • Below Grade Unfin SQFT Source: Estimated
  • Building Name: None Available
  • Building Total SQFT: 1,124
  • Central Air Y/N: Yes
  • Construction Materials: Block, Concrete, Masonry, Frame
  • Cooling: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Flooring Type: Hardwood, Tile/Brick
  • Foundation Details: Block
  • Heating: Oil
  • Heating Type: Forced Air
  • Heating Y/N: Yes
  • Hot Water: Electric
  • Improvements: Above Grade, Below Grade
  • Interior Features: CeilngFan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Master Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors
  • Lot Dimensions: 160 x 150
  • Lot Dimensions Source: Plat Map/Survey
  • Lot Features: Additional Lot(s), Rear Yard, Front Yard, Road Frontage
  • Lot SQFT: 26,000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Entrance Orientation: Northwest
  • Municipality: Lewes
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • Property Condition: Shows Well
  • Road Frontage Length: 160
  • Road Responsibility: State
  • Roof: Architectural Shingle
  • Room List: Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Basement, Foyer, Great Room, Bathroom 1, Bathroom 2, Bathroom 3, Master Bathroom, Screened Porch
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Cess Pool, Public Sewer
  • Story List: Lower 1, Main, Upper 1
  • Sussex DE Quadrants: East of Rt 1
  • Tax Annual Amount: 920.0
  • Tax Total Finished SQFT: 1,088
  • Tax Year: 2018
  • Total Below Grade SQFT: 966
  • Total Below Grade SQFT Source: Estimated
  • Total Finished SQFT: 1,630
  • Total Finished SQFT Source: Estimated
  • Total Garage and Parking Spaces: 14
  • Total Non-Garage Parking Spaces: 12
  • Total SQFT Source: Estimated
  • Type Of Parking: Detached Garage, Driveway, Off Street, Parking Lot
  • Water Source: Public
  • Year Built Source: Estimated
  • Year Major Renovation/Remodel: 2015
Courtesy of Coldwell Banker Resort Realty - R


John Black | Contact Me
Direct: 302-249-6922 | Office: 302-703-6987

18958 Coastal Highway, Suite C - Rehoboth Beach, DE 19971
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