27 W DAVID ST Frederica, DE 19946
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,026 sqft
Price per Sqft $80
Subdivision Double Run Hunt Cl
MLS Listing ID DEKT2038194
Style Colonial
Abv Grd Liv Area 3,026
Year Built 1930
Annual Tax Amount $1,007
Tax Year 2024
Lot Size 5,837 Sqft
Acres 0.13
Lot Dimensions 65.00 x 90.00
Property Sub-Type Detached
Source BRIGHT
Property Description
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!
Location
State DE
County Kent
Area Lake Forest (30804)
Zoning NA
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lake Forest
Others
Tax ID SM-08-14106-03-2600-000
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
