33 Gunpowder Ln, Rehoboth Beach, DE 19971

Property Description

Colonial East is located in the "Midway" area of Rehoboth, so you'll be an equal distance - about 4 miles - to the Rehoboth boardwalk or the Lewes public beach! And there is a water park, movie theatre, fitness center with racquetball, and restaurants just a short distance from the community. You can hop on the DART bus, too, to reach the beaches. This 1981 Ritz Craft Fashion Craft-model home features a split bedroom plan, so it is like having two main suites. The living room opens to the spacious kitchen. The kitchen has a large, curved breakfast bar and plenty of space for a dinette set. There’s a built-in buffet in the dining area. Kitchen appliances include a smooth-top electric range, a range hood, countertop microwave, and a fridge (there’s a base cabinet next to the sink that could be replaced with a dishwasher, if you want one). The laundry area, with a full-size washer and dryer, is next to the kitchen. The main bedroom is to the rear of the home and it has a walk-in closet and is en Suite. That bath has a large garden tub/shower. The second full bath has a hall entry door and a private doorway from the second bedroom to give it that “en Suite” feeling. That bath has a standard tub/shower. The second bedroom has double closets, so there is plenty of storage space. Newer sub-flooring & flooring throughout. Newer Trane HVAC PAC unit. Water heater is approx. 3 years old. Replacement windows. 10’x20’ SilverTop screened porch for great outdoor living space. Storage shed. Property is subject to a transferrable, annually-renewable leasehold interest: Lot Rent is currently $896.36/mt. (renews annually with any increases capped as per 25 Del. C. Sec. 7050-7054). Lot rent includes membership to the outdoor pool. Trash/recycle and the State’s Relocation Trust Fund (RTF) are extra fees are added to the base lot rent. Buyer pays electric, water, sewer & metered gas (LP). A Park application is required, and a Buyer will be accepted as a Resident based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Rentals are NOT permitted in this community - but friends & family may always visit.) Financing may be available to qualified borrowers from only a very few Lenders that specialize in installment/chattel loans for mobile/manufactured homes on leased land. Closing costs include a real estate transfer tax (3.75% DMV Doc Fee) & a Settlement Agent Fee.