Monroe, 706 NW 1st St Delray Beach, 33444

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!