706 NW 1st Street #1-2 Delray Beach, FL 33444
$450,000
4 Beds
2 Baths
1340 sqft
MLS#
RX-11045418
Type
Single Family Detached
Status
Active Listing
Square Footage
1,340
Bedrooms
4
Bathrooms
2 full
Year Built
1930
Property Description
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.
Cooling:Central, Wall-Win A/C
Fruit Tree(s)
Open Patio
Room for Pool
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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