Address: 4932 Elkner Street, NEW PORT RICHEY, FL 34652
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, its 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.
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, its 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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other
Living Area: 801.00
Roof: Shingle
Property Information
Property Condition: Fixer
Garage and Parking
Garage Spaces: 1.00
Eco-Communities
Pool Features: Gunite
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Pets Allowed: Yes
Sewer: Public Sewer
Utilities: Cable Available
Finance and Tax Information
Home Owners Association Fee: 245.00
Net Operating Income: 0.00
Tax Year: 2023
Rental Information
Tenant Pays: Electricity
Other Features
Association Name: Nick touchton
Country: US
Interior Features: Other
Legal Description: NEW PORT COLONY FIFTH WAY UNREC PLAT LOT 1019 BLOCK 22 DESC AS COM AT SE COR TH N00DEG21' 15"E 1641.91 FT TH S89DEG56' 13"W 128.67 FT TH N00DEG03' 47"W 80.15 FT TH S89DEG56' 13"W 136.37 FT TH N00DEG21' 20"W 9.50 FT FOR POB TH S89DEG38' 40"W 13.00 FT TH S00DEG21' 20"E 2.00 FT TH S89DEG38' 40"W 28.00 FT TH N00DEG21' 20"W 29.33 FT TH N89DEG38' 40"E 12.67 FT TH N00DEG21' 20"W 8.67 FT TH N89DEG38' 40"E 15.00 FT TH S00DEG21' 20"E 22.66 FT TH N89DEG38' 40"E 13.33 FT TH S00DEG21' 20"E 13.34 FT TO POB
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