Bought with Steven B. Schmidt • RE/MAX Horizons
$242,000
$219,900
10.1%For more information regarding the value of a property, please contact us for a free consultation.
2,576 SqFt
SOLD DATE : 09/18/2026
Key Details
Sold Price $242,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,576 sqft
Price per Sqft $93
Subdivision None Available
MLS Listing ID DEKT2048946
Sold Date 09/18/26
Style Other
Abv Grd Liv Area 2,576
Year Built 1903
Available Date 2026-08-14
Annual Tax Amount $1,736
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Source BRIGHT
Property Description
Don't miss this excellent investment opportunity! This fully renovated duplex features two 2-bedroom, 1-bath units and is being sold completely vacant, giving the new owner the flexibility to set market rents or occupy one unit while renting the other. Previous tenants paid $1,600 per month per unit, generating $38,400 in annual gross rental income. Live in one unit and let the rental income from the other help offset your mortgage, or lease both units for strong cash flow. Recent renovations are nearing completion, making this a true turnkey investment with limited maintenance. Tenants pay their own utilities, keeping owner expenses low with primarily taxes, insurance, and routine maintenance.
Whether you're an investor looking to add to your portfolio or a buyer searching for an owner-occupied investment property, this duplex offers outstanding flexibility and income potential.
Location
State DE
County Kent
Area Capital (30802)
Zoning RES
Rooms
Basement Partial, Unfinished
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Luxury Vinyl Plank, Carpet
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Private Pool No
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 2576
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Capital
Others
Tax ID 20507705032600000
Ownership Fee Simple
SqFt Source 2576
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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