BEDS0
BATHS
SQUARE FEET1,742
MLS#DEKT2048316
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCAPITAL
Property Description
Turnkey Duplex Investment Opportunity in Leipsic, Delaware! ***Update: Live in one unit and rent out the other. *** 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 with a private driveway. ****Updated: This Unit will be available for an owner to occupy December, 2026.**** Owner plans to add central air to Unit A. 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Propane - Owned, Electric
Heating: Baseboard - Electric,90% Forced Air
Home Style: Cape Cod
Lot Size: 0.09 Acres
Roof Type: Shingle
Taxes: $1,013
Year Built: 1940
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 113
Electric: 200+ Amp Service
Exterior: Vinyl Siding, Aluminum Siding
Flooring: Luxury Vinyl Plank
Lot Dimensions: 0.09 Acre(S)
Sewer: No Septic System
Structure Type: Detached
Total Garage/Parking Spaces: 3
Two Bedroom Units: 2
Units: 2
Water: Well
Local Schools
School District: CAPITAL
Listed By / Shown By
Listed By
Agency Name: Crown Homes Real Estate
Agency Phone: 3025046147
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 726.06 per month $567.30 Principal & Interest $84.42 Property Tax $74.35 Homeowner's InsuranceChange Payment Information
394 Denny Street | MLS# DEKT2048316
This multi-family property located at 394 Denny Street, Leipsic, DE 19901 is currently listed for sale with an asking price of $254,900. Denny Street is located within the CAPITAL school district. Search Leipsic real estate on www.realtymark.net today.