?? Income-Producing Duplex in Prime Location - Turnkey Investment Opportunity!Welcome to this charming and fully rented duplex located in Frederica just off Rt. 1, ideal for investors or those looking to house-hack! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 bathroom, with separate entrances and utilities for ultimate tenant privacy and convenience.Highlights include:Total of 4 bedrooms, 2 bathrooms across both unitsCurrent gross monthly income: $2400.00 Long-term, reliable tenants already in place Updated kitchen and flooring, Unit 1 Shared backyard and off-street parking Washer/dryer hookups in both units Potential for increased rents based on market rates Located just minutes from downtown Milford, shopping, hospitals, and top-rated schools, this property is a solid addition to any real estate portfolio. Whether you're an experienced investor or a first-time buyer looking to live in one unit while renting the other, this duplex delivers strong cash flow and low vacancy risk. Don’t miss out on this turnkey opportunity to generate passive income from day one! ?? Schedule a private showing today!
MLS # | DEKT2038194 |
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Listing Type | For Sale |
Style | House |
Building Name | NONE |
Sub-Type | Resale |
Status | Active-bright |
Year | 1930 |
Days On Site | 19 |
Listing Provided By | RE/MAX Eagle Realty | Stephanie S Lehane |
SQ Feet | 3,026 |
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Units | 2 |
Zoning | NA |
Acreage | 0.13 |
Cooling | None |
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Heating Yes / No | Yes |
Heating | Baseboard - Electric |
Construction Materials | Frame |
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Foundation Details | Crawl Space |
Garage Yes / No | No |
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Property | 1007 |
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State | DE |
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County | KENT DE |
City | FREDERICA |
Zip Code | 19946 |
Area | Lake Forest (30804) |
Community Name | DOUBLE RUN HUNT CL |
School District | LAKE FOREST |
Listing VS Median (in DOUBLE RUN HUNT CL) | |
Price: $260,000 low | high Med: $260,000 SqFt: 3,026 low | high Med: 3,026 $ / SqFt: $86 low | high Med: $86 On site: 19 low | high Med: 19.000000 |