Active
706 NW 1st Street 1-2
Delray Beach FL, 33444
$450,000
$335.82 per sqft
Active
4 Beds
2 Baths
1,340 sqft
Residential
Built in 1930
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.
R11045418
MLSⓇ ID
December 16, 2024
Listed
December 17, 2024
Updated
Map
706 NW 1st Street 1-2
Delray Beach FL, 33444
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Appliances
Electric Range, Electric Water Heater, Refrigerator
Floor Description
Ceramic Tile, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Fruit Trees, Patio, Room For Pool
Roof
Composition, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
4460
Taxes
$6,700
Tax Frequency
Annually
Association Amenities
Basketball Court, Library, Pool, Tennis Court(s), Trail(s), Transportation Service
Garage
No
Parking
Two or More Spaces
View
No
County
Palm Beach
Water Source
Public
Pool
No
Pool Features
None, Association, Community
Listed by: Regency Realty Services
Listing Contact:
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Data last updated 3:48 AM UTC, 12/17/2024
