51 LANTERN

Here is your "beach cottage." This home features vinyl siding with scalloped siding accents at the gable, an A-pitched shingled roof, insulated replacement windows all around, laminate flooring, and tile flooring in the kitchen & bath. The 11'x27' screened porch, with 2 ceiling fans, is a delightful place to relax after a day at the pool or beach. The living room adjoins the kitchen. The kitchen has an eat-in dinette area & a breakfast bar, a gas range, fridge, and a pressed-tin backsplash. The main bedroom is to the rear of the home. And the other two bedrooms are just down the hall. The full bath has been nicely updated. Hall laundry area with a clothes washer, but you could probably fit a full-size stacking washer & dryer set if you remove the overhead cabinet. Being offered fully furnished with only a few exclusions. 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 beaches! And there is a water park, movie theatre, fitness center with racquetball, and restaurants all within walking distance of the community. Property is subject to an annually renewable leasehold interest: Lot Rent is currently $657.36/mt. (annual renewal on Dec 1, 2024). Lot rent includes membership to the outdoor pool, seasonal lawn maintenance, and trash/recycle service. 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 pre-HUD mobile homes on leased land. Closing costs will include 3.75% DMV Doc Fee & Settlement Agent