Well-maintained quadplex investment opportunity featuring four 1 bed / 1 bath units, all currently occupied with tenants in place. Each unit is separately metered for electric, allowing tenants to pay their own electric utilities and helping reduce owner expenses. Owner currently pays water. Property also includes an on-site laundry room for tenant convenience. Strong income-producing property with consistent rental demand and solid investment potential.
This property presents an excellent opportunity for investors looking to build or expand their rental portfolio. Property requires renovation, and is being sold AS IS no repairs will be made. the foundation is solid and full of potential. With a little vision and improvement, this home can quickly be transformed into a desirable rental property. Its layout and structure offer strong rental appeal, making it a great option for generating steady cash flow and long-term appreciation. Whether you’re just starting your investment journey or adding to an existing portfolio, this property provides a chance to add value and maximize returns. Don’t miss the opportunity to turn a property with great bones into a profitable asset with the right updates and care. Cash/Construction/Renovation Financing only.
Income producing property. Duplex, Schedule your tour today because this won't last long.
Turnkey 9-unit multifamily investment in Dover, surrounded by historic character and ongoing area revitalization. Stabilized asset producing approximately $11,700 per month (4-1-26) in rental income, plus additional income from on-site central washer and dryer facilities. Tenants pay their own gas heat and electric. Owner pays water, sewer, trash, and central hot water. Property has seen numerous recent improvements including updated windows, interior upgrades, select new kitchens, and recently installed flooring in most units. Hallways have been refreshed with new flooring and paint. Capital improvements include a new fire escape and some newer heating systems. Strong in-place income with additional ancillary revenue and continued upside through future unit improvements and long-term rental demand in the Dover market. Ideal for investors seeking a stabilized asset with proven cash flow.
40 South Bradford is a duplex, over and under, with a 2-BR, 2-Ba unit on the ground floor, and a 3-BR, 2-Ba unit on the second and third floors. Both units have fully equipped kitchens, and washers and dryers. The building was completely remodeled in 2009, and is excellent condition. There are two parking spaces on the rear alley. This property is the south half of a duplex, and contains two units. The north half of the duplex is under separate ownership and unrelated. Showings by appointment. Call for appointment.
Dover is located in Delaware. Dover, Delaware has a population of 38,940. Dover is less family-centric than the surrounding county with 18.06% of the households containing married families with children. The county average for households married with children is 27.65%.
The median household income in Dover, Delaware is $51,073. The median household income for the surrounding county is $63,715 compared to the national median of $69,021. The median age of people living in Dover is 34.4 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 45.2 inches per year, with 15.2 inches of snow per year.
