Single Family Residence For Sale - 394 DENNY ST, LEIPSIC, DE 19901
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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.
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Market Area: Capital (30802)
