4932 ELKNER STREET, New Port Richey, FL 34652

  • $1,701,000
  • $1,800,000

Overview

Property ID: HZW7870190
  • Multi Family, Residential Income
  • Property Type
  • 41
  • Bedrooms
  • 31
  • Bathrooms
  • 1
  • Garage

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

  • Address: 4932 ELKNER STREET
  • City: New Port Richey
  • State/county: FL
  • Zip/Postal Code: 34652
  • Country: US

Details

Updated on May 6, 2025 at 4:18 pm
  • Property ID HZW7870190
  • Price $1,701,000
  • Land Area 0.02 Acres
  • Bedrooms 41
  • Bathrooms 31
  • Garage 1
  • Garage Size x x
  • Year Built 1973
  • Property Type Multi Family, Residential Income
  • Property Status Hold

Additional details

  • Listing Terms Cash,Owner Financing,Private Financing Available
  • Association Fee 300
  • Roof Shingle
  • Utilities Cable Available
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Pasco
  • Property Type Residential Income
  • Pool Gunite
  • Community Features Buyer Approval Required,Clubhouse,Pool

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Jamie Stevens

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