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Downtown Delray Beach investment dream property. The property has been converted to a 3-unit property with the main house being sectioned off into 2 units. The front unit is a fully updated efficiency apartment collecting $1,275 monthly. The back half of the main home is a 2 bed / 1 bath home will a full kitchen and living area. We are collecting $2,350 per month. The garage is currently being converted into a large modern updated 1 bed / 1 bath apartment. Projected income of $2,000 per month. The home is in need of a new owner to be finished and to collect the rent of this property. Potential galore including air bnb as well. Don't miss out on rental income and long-term appreciation in the Delray Beach market as the property is 1 block within Atlantic Ave with devlopment all around area.

4
beds

2
baths

1,260 Sq.Ft. LIVING AREA

6,001 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms2
  • full bathrooms2
  • KITCHEN Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Vinyl
  • APPLIANCES Other
  • other interior Features Garden Tub/Roman Tub, Living/Dining Room

Area & Lot

  • Status Sold
  • Living Area1,260 Sq.Ft.
  • Lot Area6,001 Sq.Ft.
  • MLS® IDR10876662
  • TypeResidential
  • YEAR BUILT1959
  • Architecture StylesMediterranean
  • View DescriptionGarden

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesSewer Available, Water Available
  • PoolNone
  • roofSpanish Tile, Tile
  • lot featuresSprinklers Automatic, 1/4 Acre
  • parkingDriveway, Two or More Spaces
  • HEAT TYPECentral, Wall Furnace
  • AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
  • sewerPublic Sewer
  • HOA AmenitiesOther
  • other exterior FeaturesFence, Patio, Room For Pool

Financial

  • Sales Price$617,500
  • Real Estate Tax $4,420/yr
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