4932 ELKNER ST new

New Port Richey,FL 34652

$ 2000000

52 Beds

39 Baths

801 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 801 sqft

Price per Sqft $2,496

Subdivision New Port Colony 05 Way

MLS Listing ID W7870190

Bedrooms 52

HOA Fees $245/mo

Year Built 1973

Annual Tax Amount $1,168

Lot Size 871 Sqft

Property Description

Owner will considering financing INTEREST ONLY loan with $500,000 down at 7% interest with $500k do every 24 months. 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. 36-villas in all. (18) 1 bedroom, 1bath w/garages 540 Sq.Ft . (13) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (3) 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 $244 a month, 2-bed 1 bath $245 a month, and 2-bed 2 bath is $248 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 owns 36 units.

Location

State FL

County Pasco

Community New Port Colony 05 Way

Zoning MF1

Interior

Heating Central

Cooling Central Air

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

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Monthly Total Fees $245

Acceptable Financing Cash,Owner Financing,Private Financing Available

Listing Terms Cash,Owner Financing,Private Financing Available

Special Listing Condition None

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