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.
Property Details
Price:
$450,000
MLS #:
RX-11045418
Status:
Active
Beds:
4
Baths:
2
Address:
706 NW 1st Street
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
Town of Delray Beach / Downtown Delray Beach
City:
Delray Beach
Listed Date:
Dec 16, 2024
State:
FL
Finished Sq Ft:
1,372
ZIP:
33444
Lot Size:
6,737 sqft / 0.15 acres (approx)
Year Built:
1930
See this Listing
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Schools
Interior
Pets Allowed
Yes
Exterior
Development Name
Town of Delray Beach / Downtown Delray Beach
Garage Spaces
0.00
Homeowners Assoc
None
Storm Protection
None
Total Floors/ Stories
1.00
Financial
Map
Community
- Address706 NW 1st Street Delray Beach FL
- SubdivisionTown of Delray Beach / Downtown Delray Beach
- CityDelray Beach
- CountyPalm Beach
- Zip Code33444
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Listing courtesy of Regency Realty Services, (561)–394–4600
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-25.
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-25.
706 NW 1st Street
Delray Beach, FL
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