Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,170
Whether you're looking to build your investment portfolio through real estate or offset your monthly mortgage with rental income, this duplex offers exceptional flexibility. Featuring two 1-bedroom, 1-bath units, the property is currently fully occupied, making it an excellent turnkey investment while also presenting future owner-occupancy possibilities as leases change over. One apartment has been thoughtfully renovated, while the second offers an opportunity to add value over time. Recent capital improvements include a new roof and two new water heaters installed in 2023, giving the next owner confidence that some of the biggest-ticket items have already been addressed. Conveniently located near shopping, public transportation, and major commuter routes, this property is well-suited for tenants and homeowners alike. This duplex offers immediate income today with long-term potential for tomorrow. *109 N 2nd St, 209 N 2nd St and 301 N 10th St offered at $705,000 as a three-property residential rental portfolio presenting an attractive opportunity for investors seeking diversified, income-producing real estate. The portfolio consists of three separate properties, each offering its own rental income stream and investment potential. Acquiring the properties as a portfolio provides an opportunity to establish a diversified residential investment position while benefiting from multiple income-producing assets.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Above Grade Finished Area
1170.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
871
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$220,000
-
Tax Amount
$3,977
-
Sq. Footage
1,170
-
Price/SqFt
$188
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
898-000
-
Water Source
Public
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Location
County
DELAWARE
Elementary School
Middle School
High School
Listing Courtesy of Robert Needs, Long & Foster Real Estate, Inc.
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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