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 Bath)
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Single Family Residence
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$450,000
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!
Courtesy of: Matan Morag, Regency Realty Services, mgrealtygroup@gmail.com
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