Courtesy of: Matan Morag, Regency Realty Services, mgrealtygroup@gmail.com
Courtesy of: Matan Morag, Regency Realty Services, mgrealtygroup@gmail.com
$450,000
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4 bed
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2.00 Bath (2 Full)
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Duplex
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$450,000
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.
Courtesy of: Matan Morag, Regency Realty Services, mgrealtygroup@gmail.com
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