4932 ELKNER ST, NEW PORT RICHEY, FL, 34652
$1,701,000
Residential Income
Bedrooms
41
Bathrooms
31
Living Area
801 Sqft
Lot Size
980 Sqft
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
Property Details
Property Features Property Features
MLS ID: MFRW7870190 Year Built: 1973
Community Features: Buyer Approval Required, Clubhouse, Pool Construction Materials: Block, Stucco
Cooling: Central Air Country: US
Exterior Features: Other Foundation Details: Slab
Heating: Central Laundry Features: In Garage
Listing Agreement: Exclusive Agency Listing Terms: Cash, Owner Financing, Private Financing Available
Pets Allowed: Yes Pool Features: Gunite
Property Condition: Fixer Property Sub Type: Multi-Family
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity Utilities: Cable Available
Water Source: Public
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