27 W David St, Frederica, De 19946
$225,000 ? 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: $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!
Contact Jack Lingo
Essentials
MLS Number
Dekt2038194
List Price
$225,000
Standard Status
Active
Year Built
1930
New Construction
N
Property Type
Multi-family
Waterfront
N
Location
Address
27 W David St, Frederica, De
Subdivision Name
Double Run Hunt Cl
Acres
0.13
Interior
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Hot Water
Electric
Fireplace
N
Square Footage
3026
Interior Features
Appliances
Additional Information
Listing courtesy of Re/max Eagle Realty.