$550,000

Nicely Updated Duplex In The Heart Of Delray Beach. Both Units Are Large 2 Bed 1 Bath, With Hurricane Impact Windows, Doors, Tile Floors And Central Air Conditioning. Kitchens Have Been Nicely Updated With Newer Cabinets And Stainless Steel Appliances. Each Unit Also Has A Separate Washer And Dryer Area. Tenants Pay All Utilities (Water, Trash, Electric). Property Is Currently Generating An Annual Gross Income Of $46,800 With A Potential Market Income Of $57,600. Expenses Include Lawn ($480) Flood Insurance ($675) Taxes ($6,961) Totaling $8,116. This Leaves A Potential Net Income Of $38k To $48k, Perfect For Owner Occupant And Or Investor. Call Listing Agent For More Details. Nicely Updated Duplex In The Heart Of Delray Beach. Both Units Are Large 2 Bed 1 Bath, With Hurricane Impact Windows, Doors, Tile Floors And Central Air Conditioning. Kitchens Have Been Nicely Updated With Newer Cabinets And Stainless Steel Appliances. Each Unit Also Has A Separate Washer And Dryer Area. Tenants Pay All Utilities (Water, Trash, Electric). Property Is Currently Generating An Annual Gross Income Of $46,800 With A Potential Market Income Of $57,600. Expenses Include Lawn ($480) Flood Insurance ($675) Taxes ($6,961) Totaling $8,116. This Leaves A Potential Net Income Of $38k To $48k, Perfect For Owner Occupant And Or Investor. Call Listing Agent For More Details.