37490 Washington Street

Description

Introducing the Ultimate Multi-Family Compound and Business Opportunity: Custom Year-Round Cottages where the living is easy. Live in one and rent the other two.Welcome to a remarkable residential and commercial property that offers an unparalleled investment opportunity in the heart of Washington Heights in beautiful Rehoboth Beach. Nestled east of Coastal Highway, this multi-family compound boasts a collection of custom-built cottages, each at least 2 Bedrooms, bar and sitting area with luxury step-in showers and outdoor showers. The loads of upgrades that will leave you awe-inspired. With meticulous attention to detail, each cottage is a testament to quality workmanship including hardboard exteriors and luxurious living.Step into a world of elegance as you enter these stunning cottages. The interiors are adorned with granite countertops, stainless steel appliances, and pocket doors that effortlessly blend functionality and style. Upgraded wood-like flooring or vinyl graces every room, creating a warm and inviting atmosphere. Tons of recessed lights illuminate the space, ensuring a bright and welcoming ambiance throughout the day.The cottages are designed to provide the utmost comfort and convenience for residents and guests alike. Each unit features spacious porches, perfect for enjoying the refreshing coastal breeze or hosting intimate gatherings. The private courtyard serves as a tranquil oasis, offering a serene escape from the hustle and bustle of everyday life. Plenty of Room for a pool or Hot Tub.Beyond the exquisite features and finishes, this property presents an exceptional business opportunity. With its prime location in Rehoboth Beach, a highly sought-after destination, the potential for generating substantial rental income is undeniable. The year-round appeal of these cottages ensures a steady stream of visitors, providing a reliable source of revenue.Investing in this multi-family compound not only guarantees a profitable venture but also offers the chance to become a part of a thriving community. Rehoboth Beach is renowned for its vibrant atmosphere, pristine beaches, and an array of recreational activities. Your guests will have access to an abundance of amenities, including world-class dining, tax-free shopping, and entertainment options.Furthermore, the property's proximity to Coastal Highway ensures easy access to nearby attractions, such as the iconic Rehoboth Boardwalk and the stunning Cape Henlopen State Park. Whether your guests are seeking relaxation or adventure, this location offers something for everyone.The cottages have been meticulously maintained, allowing for a seamless transition for new owners. The property's reputation for excellence and attention to detail will attract discerning guests who appreciate the finer things in life.When it comes to real estate investments, this multi-family compound stands out from the rest. Its combination of luxurious living, prime location, and strong rental potential make it an irresistible opportunity for savvy investors. Don't miss your chance to own a piece of Rehoboth Beach's thriving hospitality industry.