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$1,701,000

Est. payment - /mo

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41 Beds

31 Baths

801 SqFt

Active

4932 ELKNER ST New Port Richey, FL 34652

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Jillian Jamison

jillian@jamisonteamtampabay.com +1(727) 804-7622

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 801 sqft

Price per Sqft $2,123

Subdivision New Port Colony 05 Way

MLS Listing ID W7870190

Bedrooms 41

Construction Status Fixer

HOA Fees $300/mo

HOA Y/N Yes

Originating Board Stellar MLS

Annual Recurring Fee 3600.0

Year Built 1973

Annual Tax Amount $1,168

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Multi-Family

Property Description

Seller will consider financing with 45% down at 7% interest. Recently impacted by the hurricane, this property has undergone restoration with all damaged materials removed and drywall replaced, though currently unfinished, allowing for your custom design. 27-villas in all. (13) 1 bedroom, 1bath w/garages 540 Sq.Ft . (10) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (4) 2 bedrooms 2 baths w/garages 801 SqFt units. (2) 1-bedroom 1-bath no garages 540 Sq.ft. Layout with an open floor plan. The hot water heater is in working condition. 55+ community that you can RENT OUT immediately. The community provides excellent amenities, including a pool, shuffleboard, and optional private beach access for an annual fee. HOA for 1 bed 1 bath $300 a month, 2-bed 1 bath $300 a month, and 2-bed 2 bath is $300 a month and that includes, Roof, water, trash, exterior of building and ground maintenance. Conveniently located near shopping centers, public transportation, dining options, and county parks, it's also just minutes from historic downtown New Port Richey. This villa is an attractive opportunity for buyers seeking both location and potential. This is a 209 unit complex. This owner has 37 units in total. There are also an additional 10 units THAT HAVE BEEN FULLY RESTORED AND RENTED currently RECEIVING $1300 A MONTH on average for the 10 UNITS. Will sell those units for an additional $800,000

Location

State FL

County Pasco

Community New Port Colony 05 Way

Zoning MF1

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace false

Laundry In Garage

Exterior

Exterior Feature Other

Garage Spaces 1.0

Pool Gunite

Community Features Buyer Approval Required, Clubhouse, Pool

Utilities Available Cable Available

Roof Type Shingle

Attached Garage true

Garage true

Private Pool Yes

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Construction Status Fixer

Others

Pets Allowed Yes

Senior Community Yes

Ownership Fee Simple

Monthly Total Fees $300

Acceptable Financing Cash, Owner Financing, Private Financing Available

Membership Fee Required Required

Listing Terms Cash, Owner Financing, Private Financing Available

Num of Pet 2

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7870190

Listed by RE/MAX MARKETING SPECIALISTS

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Jillian Jamison

Broker Associate

+1(727) 804-7622

4932 ELKNER ST New Port Richey, FL 34652

Jillian Jamison

Key Details

Location

Interior

Exterior

Building

Others

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4932 ELKNER ST