1,742 SqFt
1,742 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $171
MLS Listing ID DEKT2048316
Style Cape Cod
Abv Grd Liv Area 1,742
Year Built 1940
Available Date 2026-06-27
Annual Tax Amount $1,013
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Detached
Source BRIGHT
Property Description
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.
Location
State DE
County Kent
Area Capital (30802)
Zoning NA
Interior
Hot Water Electric
Cooling Window Unit(s)
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Propane - Owned, Electric
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 3
Garage N
Building
Foundation Slab
Above Ground Finished SqFt 1742
Sewer No Septic System
Water Well
Architectural Style Cape Cod
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Capital
Others
Tax ID 4-13-03914-01-2701-000
Ownership Fee Simple
SqFt Source 1742
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
651 north broad st #106, Middletown, Delaware, 19709, USA