394 Denny St, Leipsic, DE 19901

Property Description

Turnkey Duplex Investment Opportunity in Leipsic, Delaware! *** Unit A is available for a new owner to occupy *** 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 of living space with a private driveway and was leased for $1,225 per month. Unit B also offers approximately 800 square feet of living space and is currently leased on a month to month agreement for $1,225 per month. 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 with a stable rental history.