Price Reduced 4.05%
Price History
$469,000
1/8/2024
$465,000
1/16/2024
$450,000
1/23/2024
706 NW 1st Street, Delray Beach, FL, 33444
4 beds
2 Full baths
1930
1,372 sqft
Value add opportunity in Downtown Delray Beach consisting of two homes on one lot! Front house is a 3br/1ba & rear house is 1br/1ba. Opportunity to own multiple properties with one purchase just 1 block from E Atlantic Ave. Lease are both MTM. Rents are way below market! Front house rented at $1,550 & rear house at $950. Great opportunity to Airbnb or high rental income in rapid up coming downtown location. New residential & commercial construction nearby & coming soon. Front house has newer central air unit. Rear home has window a/c units. Newer exterior painted. Homes need updating. Tenant occupied, no interior photos. Rents way below market. Market rents if renovated for both units combined is ~$4,500/mo. Property is in Opportunity Zone & located within the Delray Beach CRA district!
Status:
Pending
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Zoning:
R-1-A
Subdivision:
Town of Delray Beach / Downtown Delray Beach
Development:
Town of Delray Beach / Downtown Delray Beach
Heating:
Central
Cooling:
Central, Wall-Win A/C
Levels:
1
Parking:
2+ Spaces
Est. Taxes:
$7,230
Construction
Frame,Stucco,Woodside
Utilities
Cable,Electric,Public Sewer,Public Water
Amenities:
Ball Field, Basketball, Bike - Jog, Cafe/Restaurant, Courtesy Bus, Dog Park, Library, Park, Playground, Pool, Sidewalks, Soccer Field, Street Lights, Tennis
Pet Policy:
Yes
MLS #:
RX-10948349
Community Info
School Info
Walk Score
Yelp
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