5749 INDIANA AVENUE, NEW PORT RICHEY, FL 34652
SOLD PRICE: (?)
$415,000
Multi-Family Home 4,344 Square Feet Taxes: $3,457.00 Built in 1970 Style: Bungalow, Florida Type: Multi-Family MLS # U7839446
Property Photo

Description of 5749 INDIANA AVENUE, NEW PORT RICHEY, FL 34652

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!

Directions to 5749 INDIANA AVENUE, NEW PORT RICHEY, FL 34652

US Hwy 19, East on Main Street, Left on Adams, Left on Indiana. Property located on the Right- Irish Arms.

Features of 5749 INDIANA AVENUE, NEW PORT RICHEY, FL 34652

Appliances

  • Range
  • Refrigerator

Heating/Cooling

  • Central air
  • Central heat
  • Electric heat
  • Window unit air conditioner

Exterior

  • Block exterior
  • Patio

Lot

  • Lot acreage is: 0.34
  • Lot dimension is: 150X100
  • Lot zoned: MF1
  • Subdivision: NEW PORT RICHEY CITY

Interior

  • Cable television available

Roofing

  • Shingle roof

Construction

  • Property style: bungalow
  • Total square feet: 4344.00
  • Units in building(s): 3

Other

  • Tax year: 2017