Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Listing photo for 706 Nw 1st St, Delray Beach, FL
Previous View the Previous slide Next View the next slide

706 Nw 1st St,

Delray Beach, FL

$450,000

4 Beds
2 Baths
1,372 Sqft
0.15 Acres

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!

Facts & Features
MLS® # RX-10948388
Price $450,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,372
Acres 0.15
Year Built 1930
Type Multi-Unit
Sub-Type Duplex
Style No
Status Active Under Contract
Community Information
Address 706 Nw 1st St
Area 4460
Subdivision Town of Delray Beach / Downtown Delray Beach
City Delray Beach
County Palm Beach
State FL
Zip Code 33444
Amenities
Utilities Cable, 3-Phase Electric, Public Sewer, Public Water
View Garden
Is Waterfront No
Waterfront None
Has Pool No
Interior
Heating Central
Cooling Central, Wall-Win A/C
# of Stories 1
Exterior
Exterior Features Fruit Tree(s), Open Patio, Room for Pool
Lot Description Sidewalks
Roof Comp Shingle
Construction Frame, Frame/Stucco, Woodside
Additional Information
Zoning R-1-A
Foreclosure No
Short Sale No
RE / Bank Owned No
Active Adult N
Listing Details
Office Regency Realty Services
Photo of Brian Pearl

Brian Pearl

Cell: (561) 245-1541

Listing information last updated on April 28th, 2024 at 7:18am EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc.

What's Your Home Worth? Find out now, for Free.

Let's Go