$2,000,000
For Sale

4932 ELKNER STREET

New Port Richey, FL 34652
52 beds | 0.02 acres | #W7870190
Browse 14 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • SubdivisionNEW PORT COLONY 05 WAY
      • Utility FeaturesCable Available
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$2,000,000
      • MLS #W7870190
      • MLS #W7870190
      • Cost2000000
      • Utility SourcePublic
      • Taxes Annual$1,168
      • InteriorOther
      • Exterior MaterialsOther
      • CountyPasco
      • Property ConditionFixer
      • Acres0.02
      • Year Built1973
      • FoundationSlab
      • Hoa Fees245
      • Pets AllowedYes
      • Bedrooms52
      • Days on Market (Cumulative)31
      • Parking Spaces1

Location

Bill BarnabaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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