$475,000 • living size area 4344 sqft

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!

Multi Family - NEW PORT RICHEY CITY

Basics

Features

Description

Similar Properties in this Area