Turnkey Duplex Investment Opportunity in Leipsic, Delaware!
Add this income-producing duplex to your investment portfolio. Situated in the charming waterfront community of Leipsic, this well-maintained property features two 2-bedroom, 1-bathroom units totaling approximately 1,742 square feet.
Unit A offers approximately 800 square feet, a private driveway, and is currently leased for $1,225 per month through January 2027. Unit B also offers approximately 800 square feet and is leased for $1,225 per month through March 2027.
The property benefits from separate utilities for each unit, helping minimize owner expenses. Additional features include well water, newer windows in both units, a 3-year-old propane furnace serving Unit A, and recently updated flooring, paint, and appliances.
With established rental income, a strong tenant history, and several capital improvements, this duplex presents an excellent opportunity for seasoned investors, those looking to expand their rental portfolio or even owner-occupants. Conveniently located near Dover and the AFB, Route 1, local employers, and Delaware's coastal attractions.
Don't miss your chance to own a solid income-producing property in a growing Delaware market.
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Listing Snapshot
Price
$269,900
Days On Site
101 Days
Bedrooms
4
Inside Area (SqFt)
1,742 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.09 Acres
Year Built
1940
MLS® Number
DEKT2048316
Status
Active
Property Tax
$1,013
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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