5749 Indiana Avenue

    New Port Richey, FL 34652
    • $415,000
    • STATUS: Closed
    • ON SITE: 202 days
    • MLS #: U7839446
    Sold - 04/11/2018
    $415,000
    SOLD - 04/11/2018
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,344
      SQFT
    • $96
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Listing information courtesy of Future Home Realty Inc.

    Description

    Create Your Own Financial LUCK at Irish Arms! 8 APARTMENT PACKAGE DEAL! 2 Lots. Growing Area. The property has been in the same ownership for the last 10 years and should be considered a value add acquisition, as rents are below market standards, that could be achieved with light renovations. Should easily get to 8.5% to 10% depending how new Owner manages units. LAUNDRY OFF-SITE. OWNER pays WATER,TRASH, SEWER. Consisting of (2) TRIPLEXES & (1) DUPLEX. Fully RENTED OUT! 2 Buildings Built 1970, 1 Building Built 1980. All Units are BLOCK- SPACIOUS- 1 bedroom, 1 Full Bath, Front Door Sidewalk Entrance. Back Door access w Concrete Patios, AMPLE PARKING (Assigned & Guest). Each Unit includes Separate Electric Meter. 2 Roofs replaced - 2008. Current Annual Rents at $48,000 Projected Annual Rents at $58,200. Ask for CMA, Income/Expense reports. Minutes from Orange Lake, Sims Park Amphitheater, Sims Park Boat Launch into Pithlachascotee River and the Quaint Town Feel of DOWNTOWN NEW PORT RICHEY. Annual or Seasonal Rentals will fit this charming 8 apartment complex. Situated in a wide open location, with easy access to US HWY 19 S.R. 54. TENANTS are long standing but currently Month to Month for sale. Irish Arms offers a Turn Key Investment. Buy A Little Piece of Florida Now!

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-06-24T23:40:02.89.
    www.onebluerealestate.com/homes/79165435

    5749 Indiana Avenue New Port Richey, FL 34652

    • Price: $475,000
    • Status: Closed
    • MLS #: U7839446
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    4,344
    SQFT
    $96
    $/SQFT
    1970
    Built
    Neighborhood:
    New Port Richey City
    County:
    Pasco
    Area:
    New Port Richey
    Property Description
    Create Your Own Financial LUCK at Irish Arms! 8 APARTMENT PACKAGE DEAL! 2 Lots. Growing Area. The property has been in the same ownership for the last 10 years and should be considered a value add acquisition, as rents are below market standards, that could be achieved with light renovations. Should easily get to 8.5% to 10% depending how new Owner manages units. LAUNDRY OFF-SITE. OWNER pays WATER,TRASH, SEWER. Consisting of (2) TRIPLEXES & (1) DUPLEX. Fully RENTED OUT! 2 Buildings Built 1970, 1 Building Built 1980. All Units are BLOCK- SPACIOUS- 1 bedroom, 1 Full Bath, Front Door Sidewalk Entrance. Back Door access w Concrete Patios, AMPLE PARKING (Assigned & Guest). Each Unit includes Separate Electric Meter. 2 Roofs replaced - 2008. Current Annual Rents at $48,000 Projected Annual Rents at $58,200. Ask for CMA, Income/Expense reports. Minutes from Orange Lake, Sims Park Amphitheater, Sims Park Boat Launch into Pithlachascotee River and the Quaint Town Feel of DOWNTOWN NEW PORT RICHEY. Annual or Seasonal Rentals will fit this charming 8 apartment complex. Situated in a wide open location, with easy access to US HWY 19 S.R. 54. TENANTS are long standing but currently Month to Month for sale. Irish Arms offers a Turn Key Investment. Buy A Little Piece of Florida Now!
    Exterior Features

    Architectural Style BungalowFlorida Carport Yn No Construction Materials Block Lot Features Flood Insurance RequiredIn City Limits Lot Size Dimensions 150X100 Parking Features NoneParking Pad Patio And Porch Features Patio Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances RangeRefrigerator Cooling Central AirWall/Window Unit(S) Fireplace Yn No Heating CentralElectricWall Units / Window Unit Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn Yes Annual Expenses 11793 Annual Net Income 36207.00 Association Fee Requirement None Cdd Yn No Community Features Sidewalk Disclosures Lead Paint Dpryn No Est Annual Market Income 58200.00 Flood Zone Code Ae Garage Yn No Homestead Yn No Lease Term Month To Month Listing Terms CashConventional New Construction Yn No Property Sub Type Multi-Family Realtor Info Sold As-IsTenant Occupied Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3457 Tax Year 2017 Total Actual Rent 4000 Total Num Buildings 3 Utilities Cable AvailableCable ConnectedElectricity Connected Zoning Mf1

    Listing information courtesy of Future Home Realty Inc.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-06-24T23:40:02.89.
     
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    Listing information courtesy of Future Home Realty Inc.