Bought with LoKation
$435,000
$450,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,040 SqFt
SOLD DATE : 02/29/2024
Key Details
Sold Price $435,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $418
Subdivision Town Of Delray Beach / Downtown Delray Beach
MLS Listing ID RX-10948377
Sold Date 02/29/24
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1928
Annual Tax Amount $5,299
Tax Year 2023
Property Description
Downtown Delray Beach property consisting of two homes on one lot. Property was updated previously around 2.5-3 years ago. Front house is a 2/1 and the rear house is a 1/1. Each house has their own full kitchens. Each home has a separate electrical meter. Front home (2/1) rent is $1,825/mo and rear home (1/1) rent is $1,400/mo. Great opportunity to own multiple properties with one investment located just one block off of East Atlantic Ave in Downtown Delray Beach with significant growth potential and in one of the most up and coming areas in South Florida. Great opportunity for investment income in downtown location. Lots of new residential and commercial construction nearby and coming soon. Property is in an Opportunity Zone AND located within the Delray Beach CRA District!
Location
State FL
County Palm Beach
Community Town Of Delray Beach / Downtown Delray Beach
Area 4630
Zoning R-1-A
Interior
Heating Central, Window/Wall
Cooling Central, Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Extra Building
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Ball Field, Basketball, Bike - Jog, Library, Park, Pool, Tennis
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description Sidewalks
Story 1.0
Foundation Other
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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