Single Family Detached For Sale

706 NW 1st Street#1-2, Delray Beach, FL 33444

$450,000
4 Bedrooms
2 Bathrooms
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.

Basic Details
Listing Type : For Sale
Price : $450,000
Bedrooms : 4
Bathrooms : 2
Full Bathrooms : 2
Field 3132 : Ball Field,Basketball,Bike - Jog,Cafe/Restaurant,Courtesy Bus,Dog Park,Library,Park,Playground,Pool,Sidewalks,Soccer Field,Street Lights,Tennis
Features
: Central, Wall-Win A/C
: 2+ Spaces
Central
Ceramic Tile,Tile
Yes
Comp Shingle
Unfurnished
Location
US
FL
Palm Beach
Delray Beach
33444
Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.
706 Nw 1st Street Unit 1-2, Delray Beach, Fl 33444
Extended Details
None
Fruit Tree(s),Open Patio,Room for Pool
Virtual Tour URL
Town of Delray Beach / Downtown Delray Beach
Town of Delray Beach / Downtown Delray Beach
Frame,Stucco,Woodside
No
None
Cash,Conventional
Cable,Electric,Public Sewer,Public Water
Range - Electric,Refrigerator,Water Heater - Elec
Ball Field,Basketball,Bike - Jog,Cafe/Restaurant,Courtesy Bus,Dog Park,Library,Park,Playground,Pool,Sidewalks,Soccer Field,Street Lights,Tennis
6737.00
0.00
No
No
1-2
50.0 ft x 135.0 ft
North
None
R-1-A
None
2024
At Closing,Funding
$0
Regency Realty Services
Matan Morag
1372
50.0 ft x 135.0 ft
1.00
6700.00
beachesmls
Property TypeSingle Family Detached
StatusActive
Listing IDRX-11045418
Year Built1930
TaxCity/County
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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