Palm Beach > Delray Beach > 33444 > Town Of Delray Beach / Downtown Delray Beach

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

4 Bedroom, 1,340 Sqft, Single Family Detached

AGENT'S REMARKS ABOUT 706 NW 1ST STREET 1-2

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.

PROPERTY DETAILS

  • Property Type: Single Family Detached
  • Approx Living Area: 1,340 SqFt
  • Total Bedrooms: 4
  • Bathrooms: 2 Full
  • Year Built: 1930
  • Lot Size: 6,737 SqFt
  • Stories: 1
  • Parking Type: 2+ Spaces
  • Rooms: None
  • Interior: None
  • Other Appliances: Range - Electric, Refrigerator, Water Heater - Elec
  • Flooring: Ceramic Tile, Tile
  • Roof: Comp Shingle
  • Age Restrictions: No Hopa
  • Total Floors in Building: 1
  • House Faces/Primary View: North
  • Construction: Frame, Stucco, Woodside
  • Exterior Description: Fruit Tree(s), Open Patio, Room for Pool
  • Cooling System: Central, Wall-Win A/C
  • Heating: Central
  • Utility Information: Cable, Electric, Public Sewer, Public Water
  • Furnished: Unfur
  • Pets Allowed: Yes
  • Pet Policy: None
  • County: Palm Beach
  • Area: 4460
  • Subdivision: Town of Delray Beach / Downtown Delray Beach
  • Community: town of delray beach / downtown delray beach
  • Community Features: Ball Field, Basketball, Bike - Jog, Cafe/Restaurant, Courtesy Bus, Dog Park, Library, Park, Playground, Pool, Sidewalks, Soccer Field, Street Lights, Tennis
  • Age Restricted: No Hopa
  • Annual Property Taxes: $6,700
  • Ownership: None
  • Repo/Reo: No
  • Short Sale: No

MAP LOCATION FOR 706 NW 1ST STREET 1-2 DELRAY BEACH, FL 33444

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Directions: Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.

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Do you have questions about 706 NW 1st Street 1-2 Delray Beach, FL 33444? Contact us for more information and to schedule a tour. You can browse all Delray Beach Real Estate and Homes for Sale. Brett Colby Group is a local top real estate service in Palm Beach County, FL. Your complete satisfaction is our First Priority.

Listing courtesy of Regency Realty Services 12.16.2024