520 Southridge Rd
- Delray Beach, FL 33444
- $560,000
- 4 Bed(s)
- 2 Baths
- 1,464 Sqft.
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!
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
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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
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