Delray Beach, FL 33444 706 NW 1st Street
$450,000
13 more
Presented By: Regency Realty Services
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 4
Baths • 2
SQFT • 1,340
Home Details
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!
Presented By: Regency Realty Services
Interior Features for 706 NW 1st Street
Other Interior Features
Total # of Units2
Unit 1 DescA/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
Unit 2 DescA/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
FlooringCeramic Tile, Tile
SqFt - Living1340.00
General for 706 NW 1st Street
Adult 55+No Hopa
Area4460
AuctionNo
Carport Spaces0.00
ConstructionFrame, Stucco, Woodside
CoolingCentral, Wall-Win A/C
Development NameTown of Delray Beach / Downtown Delray Beach
Exterior FeaturesFruit Tree(s), Open Patio, Room for Pool
Geo AreaPB06
Geo Lat26.463189
Geo Lon-80.080526
HOANone
HOA/POA/COA (Monthly)0.00
HeatingCentral
Legal DescriptionMONROE SUB LT 21 BLK 4
PossessionAt Closing, Funding
Property TypeB
REONo
RestrictNone
RoofComp Shingle
Short SaleNo
Source of ExpensesOther
StatusActive Under Contract
Stories1.0
SubdivisionTown of Delray Beach / Downtown Delray Beach
Tax Year2023
Taxes$7,230
Tenant PaysCable, Electric, Sewer, Water
Terms ConsideredCash, Conventional
TypeDuplex
UtilitiesCable, Electric, Public Sewer, Public Water
ViewGarden
Virtual TourClick here
Year Built1930
ZoningR-1-A
Exterior for 706 NW 1st Street
Lot DescriptionSidewalks
Lot Dimensions50.0 ft x 135.0 ft
Private Pool Y/NNo
Subdiv AmenitiesBasketball, Bike - Jog, Cafe/Restaurant, Library, Park, Pool, Tennis
Unit 1 ParkingSpace Parking
Unit 2 ParkingSpace Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History
