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706 NW 1st Street Unit 1-2, Delray Beach, Florida 33444

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Active For Sale
$450,000
  • Beds 4
  • Baths 2
  • Sq Ft 1,340 Sqft
  • Visits: 4 in 12 days

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.

Features

  • Swimming Pool: Association, Community, None
  • Heating System: Central
  • Cooling System: Central Air, Wall/window Unit(s)
  • Pet Policy: Yes
  • Patio: Patio
  • Parking: Two Or More Spaces
  • Furnished: Unfurnished

Appliances

  • Appliances: Electric Range, Refrigerator, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Delray Beach
  • Subdivision: Town of Delray Beach / Do
  • Zipcode: 33444
  • Street: 1st Street
  • Street Number: 706
  • Floor Number: 0
  • Longitude: W81° 55' 10.1''
  • Latitude: N26° 27' 47.5''
  • UnitNumber: 1-2
  • Directions: Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.
  • Street Dir Prefix: NW
  • MLS Area: 4460

MLS Addon

  • Association Amenities: Pool, Tennis Court(s), Basketball Court, Trail(s), Transportation Service, Library
  • Association Fee: $0
  • Close Price: $0
  • Community Features: Public Transportation, Street Lights, Pool, Tennis Court(s), Sidewalks, Non-gated
  • Exterior Features: Patio, Fruit Trees, Room For Pool
  • Flooring: Ceramic Tile, Tile
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional
  • Lot Size Dimensions: 50.0 ft x 135.0 ft
  • New Taxes Expense: $0
  • Stories Total: 1
  • Tax Annual Amount: $6,700
  • Tax Year: 2024
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Location

Listing Updated: 2024-12-17 04:26:25

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : R11045418
  • Price : $450,000
  • View : Other
  • Bedrooms : 4
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,340 Sqft
  • Year Built : 1930
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 11
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