Property Description

Small investment...with BIG reward in this all brick 2-story duplex located in Delaware's downtown NW historic district with convenient walkability to local events, parks, dining and entertainment. This versatile property is ideal for investors and owner-occupants alike. Continue operating as a profitable duplex, live in one unit while the other helps offset your mortgage, or explore the potential to convert back to a single-family home. The upstairs 1 BR/1 BA unit rent is $830/month. the 2 BR/1 BA lower level unit is $1400/month. Tenants pay all utilities with separate utility meters, and cover yard maintenance too, creating a low-maintenance opportunity for owners. Lower level currently vacant and ready to lease. Upper unit is on ''month to month'' lease with 60 day notice to vacate provision (tenant been there 6 years). There are three rear off-street parking spaces and several on-street parking options also available. Appliances are owned by seller and do convey. Washer/dryer, microwave and dishwasher in 1st floor unit are brand new. Flooring/carpet recently replaced in both units and both units also have updated bathrooms/kitchens. Newer HVAC downstairs (2023) and newer water heater 2nd floor floor (2023). Whether you're looking to expand your rental portfolio or secure a flexible property with strong income potential, this is an opportunity you won't want to pass up!

Property Features

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