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:
Multi-family
Furnished Remarks:
No
Units:
2
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:
Open Parking
Est. Taxes:
$6,700
Construction
Frame,Stucco,Woodside
Utilities
Cable,Electric,Public Sewer,Public Water
Lot Description:
Sidewalks
View Description:
Garden
Amenities:
Basketball, Bike - Jog, Cafe/Restaurant, Library, Park, Pool, Tennis
MLS #:
RX-11045423
Community Info
School Info
Walk Score
Yelp
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