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394 DENNY St

leipsic, DE 19901

$254,900

    Interested? Let's Connect

    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.

    Details

    1,742 Sq Ft

    3,920 Sq Ft Lot Size

    other

    $84 Monthly Tax

    Built in 1940

    MLS/Listing ID DEKT2048316

    NONE

    2 Units

    Amenities & Features

    Style - Cape Cod

    Construction - Vinyl Siding

    Construction - Aluminum Siding

    Cooling - Window Units

    Slab

    Heating - Electric

    Shingle

    Well

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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