?? 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 units Current gross monthly income: $1300.00(Unit 1 is occupied/Unit 2 last rented for $1400) 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!
Frederica is located in Delaware. Frederica, Delaware has a population of 910. Frederica is less family-centric than the surrounding county with 18.22% of the households containing married families with children. The county average for households married with children is 27.65%.
The median household income in Frederica, Delaware is $50,709. 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 Frederica is 35.7 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46 inches per year, with 13.2 inches of snow per year.
