36106 Palace Ln #67, Rehoboth Beach, DE 19971

Description

MOTIVATED , Just REDUCED !Estate Sale - AS IS - with Seller providing a one-year home warranty - $425 value. Market Rate Lot Rent (READ below for more details). This could be a great little beach get-away or perhaps for your year-round living. The 1974 Barrington singlewide is 12’ x 66’ for approx. 800 sq. ft. of living space, plus an 8’ x 20’ Silvertop enclosed porch for extra outdoor living space. There’s also a patio area off of the porch for your grill and sun chairs. The living room opens to the eat-in kitchen. The kitchen has newer flooring. And there is a newer smooth-top electric range, a fridge, and a pantry/utility closet. The en Suite main bedroom is at the rear of home. That bath has a garden tub and a double-sink vanity. The second full bath, which has a tub/shower and a single-sink vanity, is in the hall near the laundry area. There is a full-size, side-by-side washer and dryer set in the laundry closet. The compact second bedroom is closer to the living room; it has a double closet. Storage shed. New roof in November 2024. Furnished as seen so you can move right in! Leasehold Interest: Lot Rent approx. is $1,167.00/mt. (will renew annually each year in the month when the Buyer purchases, with any future increases capped as per 25 Del. C. Sec. 7050-7054). Lot rent includes trash/recycle, seasonal lawn service, and pool/fitness center membership. Homeowner pays electric, fuel (oil-K1), water, sewer & Internet/Cable (Comcast Xfinity) or satellite. Equity LifeStyle Properties, Inc., the community owner, requires an Application from the Buyer, with acceptance 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: Family & friends may always visit, but rentals are no longer permitted in this community.) Financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for pre-HUD (built prior to June 1976) mobile homes on leased land. Closing costs will include the full 3.75% DMV Doc Fee & Settlement Agent fee.