Description
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.
Details
| MLS # | DEKT2048316 |
|---|---|
| Listing Type | For Sale |
| Building Name | NONE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1940 |
| Days On Site | 94 |
| Listing Provided By | Crown Homes Real Estate | John Ricardo Brown |
Features
| SQ Feet | 1,742 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | NA |
| Acreage | 0.09 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, 90% Forced Air |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Vinyl Siding, Aluminum Siding |
| Foundation Details | Slab |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1013 |
|---|
Area Information
| State | DE |
|---|---|
| County | KENT DE |
| City | LEIPSIC |
| Zip Code | 19901 |
| Area | Capital (30802) |
| School District | CAPITAL |
| Listing VS Median (in 19901) | |
Price: $269,900 low | high Med: $322,500 sqft: 1,742 low | high Med: 1,718 $ / sqft: $155 low | high Med: $188 On site: 94 low | high Med: 12.5 | |
Market Activity 19901
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Learn More About This Property
| State | DE |
|---|---|
| County | KENT DE |
| City | LEIPSIC |
| Zip Code | 19901 |
| Area | Capital (30802) |
| School District | CAPITAL |
| Listing VS Median (in 19901) | |
Price: $269,900 low | high Med: $322,500 sqft: 1,742 low | high Med: 1,718 $ / sqft: $155 low | high Med: $188 On site: 94 low | high Med: 12.5 | |
 | $119,000181 Front StDover, DE 19901 |
 | $182,00061 West StLeipsic, DE 19901 |
 | $182,00061 West StLeipsic, DE 19901 |
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