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

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$450,000

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

bedrooms

bathrooms

square feet

1,340

Acreage

Open Houses

year built

1930

Full Baths

Half Baths

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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.

Location
Subdivision	Town of Delray Beach / Downtown Delray Beach
County	Palm Beach
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: RX-11045418

Listing agent: Matan Morag

Listing broker: Regency Two Realty Services Dba Regency Realty Services (561) 394-4600 ext. 108

Last update: Tuesday, December 17 2024 at 4:02 a.m. EST

Kotohomes National