706 NW 1st ST 1-2 Active Save Request In-Person Tour Request Virtual Tour
Delray Beach,FL 33444
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $335
Subdivision Town Of Delray Beach / Downtown Delray Beach
MLS Listing ID RX-11045418
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $6,700
Tax Year 2024
Lot Size 6,737 Sqft
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.
Location
State FL
County Palm Beach
Community Town Of Delray Beach / Downtown Delray Beach
Area 4460
Zoning R-1-A
Rooms
Other Rooms None
Master Bath None
Interior
Interior Features None
Heating Central
Cooling Central,Wall-Win A/C
Flooring Ceramic Tile,Tile
Furnishings Unfurnished
Exterior
Exterior Feature Fruit Tree(s),Open Patio,Room for Pool
Parking Features 2+ Spaces
Utilities Available Cable,Electric,Public Sewer,Public Water
Amenities Available Ball Field,Basketball,Bike - Jog,Cafe/Restaurant,Courtesy Bus,Dog Park,Library,Park,Playground,Pool,Sidewalks,Soccer Field,Street Lights,Tennis
Waterfront Description None
Roof Type Comp Shingle
Exposure North
Private Pool No
Building
Story 1.00
Foundation Frame,Stucco,Woodside
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash,Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash,Conventional
Financing Cash,Conventional
Pets Allowed No Restrictions