706 NW 1st Street Delray Beach, FL 33444
4 Bedroom, 1,340 Sqft, Single Family Detached
AGENT'S REMARKS ABOUT 706 NW 1ST STREET
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!$450,000
| Bedrooms | 4 |
| Bathrooms | 2 Full |
| Living Area | 1,340 SqFt |
| Lot Size | 6,737 SqFt |
| Year Built | 1930 |
| Private Pool | No |
| Community | Town Of Delray Beach / Downtown Delray Beach |
| Subdivision | Town of Delray Beach / Downtown Delray Beach |
| MLS# | RX-10948349 |
| Listing Status | Active Under Contract |
| Days on Market | 2024-01-08 |
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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: $7,230
- Ownership: None
- Repo/Reo: No
- Short Sale: No
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MAP LOCATION FOR 706 NW 1ST STREET DELRAY BEACH, FL 33444
Directions: Atlantic Ave east of I-95. Go north on 7th Avenue and left on 1st Street.
SIMILAR LISTINGS NEAR 706 NW 1ST STREET
2 bd • 2 ba • 1,175 Sq Ft
600 Egret Circle 7501 Delray Beach FL, 33444
Listing courtesy of Regency Realty Services 04.05.2024
If you are interested in this property at 706 NW 1st Street or any other properties in Delray Beach please contact The Rucco Group at (561) 737-0366.