Homes for sale - 706 NW 1st ST 1-2, Delray Beach, FL 33444

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Maddy Partow

maddy.partow@engelvoelkers.com +1(772) 584-1256

Listed by Regency Realty Services

$ 450,000

Est. payment -/mo

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706 NW 1st ST 1-2 Delray Beach, FL 33444

4 Beds

2 Baths

1,340 SqFt

UPDATED:

12/17/2024 02:10 AM

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

Maddy Partow

Advisor | License ID: 3474080

+1(772) 584-1256

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