Basic Information

  • MLS # RX-10948349
  • Type Single Family Home
  • Status ActiveUnderContract
  • Subdivision/Complex Town Of Delray Beach Do
  • Year Built 1930
  • Total Sqft 6,737
  • Date Listed 01/08/2024
  • Days on Market 129
Description

Value add opportunity in Downtown Delray Beach consisting of two homes on one lot! Front house is a 3br1ba rear house is 1br1ba. 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 ac 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 4,500mo. Property is in Opportunity Zone located within the Delray Beach CRA district!

Amenities

  • BasketballCourt
  • Library
  • Pool
  • TennisCourts
  • Trails
  • TransportationService

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Frame,WoodSiding
  • Exterior Features Fruit Trees, Patio, Room For Pool
  • Parking Spaces 0
  • Parking Description TwoorMoreSpaces
  • Roof Description Composition,Shingle
  • Style SingleFamilyResidence

Interior Features

  • Adjusted Sqft 1,340
  • Cooling Description CentralAir,WallWindowUnits
  • Equipment Appliances Electric Range, Electric Water Heater, Refrigerator
  • Floor Description CeramicTile,Tile
  • Heating Description Central
  • Sqft 1,340

Property Features

  • Address 706 NW 1st Street
  • Aprox. Lot Size 6,737
  • City Delray Beach
  • Community Features NonGated,Pool,PublicTransportation,StreetLights,Sidewalks,TennisCourts
  • Construction Materials Frame,WoodSiding
  • County Palm Beach County
  • Furnished Info No
  • Listing Terms Cash,Conventional
  • Parking Features TwoorMoreSpaces
  • Patio And Porch Features Patio
  • Pets Allowed Yes
  • Pool Features None,Association,Community
  • Possession ClosingFunding,CloseOfEscrow
  • Postal City Delray Beach
  • Roof Composition,Shingle
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Town Of Delray Beach Do
  • Subdivision Info Town Of Delray Beach Do
  • Tax Amount $7,230
  • Tax Information MONROE SUB LT 21 BLK 4
  • Tax Year 2023
  • Terms Considered Cash,Conventional
  • Type of Property SingleFamilyResidence
  • Water Source Public
  • Year Built Details Resale

706 NW 1st St

Delray Beach, FL 33444

Similar Properties For Sale

The multiple listing information is provided by the PALM BEACH® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present PALM BEACH®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Regency Realty Services

Real Estate IDX Powered by: TREMGROUP