Active

706 NW 1st Street 1-2

Delray Beach FL, 33444

$450,000


$335.82 per sqft

Active

1,340 sqft

Multi-family

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.

R11045423

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


Floor Description

Carpet, 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


Days on Market

1


Association Fee Frequency

Monthly


Garage

No


View

Yes


View Description

Garden


County

Palm Beach


Water Source

Public


Pool

Yes


Pool Features

None

Listed by: Regency Realty Services
Listing Contact:  

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association of Palm Beaches. All rights reserved. 

Data last updated 1:18 PM UTC, 12/17/2024

 

Powered byLuxury Presence