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.

    Source: BRIGHT MLS, MLS#: DEKT2048316

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    • Property Type
      Residential Income
    • Lot
      0.09 acres

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    Shelly Torbert

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    • Median Age
      33
    • Population Density
      432
    • College Educated
      33%
    • Estimated Median Income
      $53,314
    • Estimated Total Home Owners
      8,060
    • Estimated Total Renters
      6,432
    • Owner / Renter Divide
      56% / 44%
    • Estimated Average Household Size
      3
    • Total Population
      38,673
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

    $
    $ %
    %
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    Life at 394 DENNY STREET


    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of Crown Homes Real Estate- MLS# DEKT2048316MLS ProviderContact Information: 3025046147

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