$450,000 ($335.82 per sqft)

Est. Mortgage $2,275/mo *

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706 NW 1st Street, #1-2, Delray Beach, FL, 33444

706 NW 1st Street, #1-2, Delray Beach, FL, 33444

4 beds

2 Full baths

1930

1,340 sqft

Handyman Special! Downtown Delray Beach consisting of two separately metered homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own two single-family homes on one property just 1 block from East Atlantic Ave. Both tenants are MTM. Rents are well below market! Front house rented at $1,550 and rear house rented at $950. Great opportunity for high rental income in rapidly growing downtown location. Also great short-term rental potential. New construction all around. Front house has newer central HVAC unit. Rear home has window a/c units. Homes needs updating. Tenant occupied. Market rents if both units rehabbed combined is ~$4,500+ per month. Property is located in an Opportunity Zone & within the Delray Beach CRA district.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Zoning:

R-1-A

Subdivision:

Town of Delray Beach / Downtown Delray Beach

Development:

Town of Delray Beach / Downtown Delray Beach

Heating:

Central

Cooling:

Central, Wall-Win A/C

Levels:

1

Parking:

2+ Spaces

Est. Taxes:

$6,700

Construction

Frame,Stucco,Woodside

Utilities

Cable,Electric,Public Sewer,Public Water

Amenities:

Ball Field, Basketball, Bike - Jog, Cafe/Restaurant, Courtesy Bus, Dog Park, Library, Park, Playground, Pool, Sidewalks, Soccer Field, Street Lights, Tennis

Pet Policy:

Yes

MLS #:

RX-11045418


Community Info

School Info

Walk Score

Yelp


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