Town of Delray Beach / Downtown Delray Beach

Town of Delray Beach / Downtown Delray Beach is located in Delray Beach Homes
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!

Details

Town of Delray Beach / Downtown Delray Beach
1372.00 SF (50.0 ft x 135.0 ft)
0.00
Ceramic Tile,Tile

Rooms

Bedroom
Master Bath
  • None
Dining

Additional Rooms

  • None

Interior Features

  • None

Exterior Features

  • Fruit Tree(s)
  • Open Patio
  • Room for Pool

Subdivision Information

  • Town of Delray Beach / Downtown Delray Beach

Property Tax Information

$7,230
2023
CondosandCondos.com is not responsible for the accuracy of the information listed above. The data relating to real estate for sale/rent on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Listing courtesy of Regency Realty Services. Data provided is deemed reliable but not guaranteed.