Turnkey Duplex Investment Opportunity in Leipsic, Delaware! 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, a private driveway, and is currently leased for $1,225 per month through January 2027. 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.
Leipsic is located in Delaware. Leipsic, Delaware has a population of 125. Leipsic is less family-centric than the surrounding county with 22.58% of the households containing married families with children. The county average for households married with children is 27.65%.
The median household income in Leipsic, Delaware is $36,964. 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 Leipsic is 56.5 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 45.3 inches per year, with 15.2 inches of snow per year.
