614 Ne 4th Street is a $525,000, 2,336 square foot, 2 bedroom, 4.0 bath home on a 0.17 acre lot located in Delray Beach, FL.
This investment asset has been under the same ownership for over 20 years. The current tenants have been in place for 17 years and 10 years respectively. Both tenants are on Month to month leases at rents of $900 a month in a market where these 2 bedroom and 1 bath units could secure $1,800 a month easily. This investment property represents an incredible opportunity to secure a multifamily property in the highly sough after downtown core of Delray Beach. Located just four blocks north of Atlantic Avenue and in close proximity to Publix, Walgreens, and other retail, restaurants and attractions. This property will provide an investor instant upside in raising the rents to market with even greater upside in the future based on the market growth and some minor renovations while pushing rents
< 1/4 Acre
No Subdivision Amenities
No Homeowners Association
|Property Sub Type|
Highland Park Delray
Based on information from the Beaches Multiple Listing Service, last updated 03/24/2018 at 03:35pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.