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Rhonda Gailey

rhonda@gaileyenterprises.com +1(352) 897-2018

$ 1,199,000

Est. payment -/mo

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Price Dropped by $800K

5435 BEACH ST New Port Richey, FL 34652

3,168 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,168 sqft

Price per Sqft $378

Subdivision C E Crafts Sub

MLS Listing ID TB8361746

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $9,598

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Multi Family

Property Description

Prime Investment Opportunity! This exceptionally rare multi-unit property features three separate buildings, each with two rental units, for a total of six income-generating apartments. Each apartment is two beds, one bath. These three apartment buildings are less half of a mile away from downtown New Port Richey's bustling social scene. Five of the six units are currently being rented thus providing immediate income. The sixth property is being sold with a month-to-month lease in place. Tenants must be given a month's notice after closing. With strong rental demand in the area, this property offers steady cash flow potential and the opportunity for long-term appreciation. This is a rare chance to own a high-performing asset in a thriving market!

Location

State FL

County Pasco

Community C E Crafts Sub

Zoning MF1

Interior

Cooling Central Air

Flooring Ceramic Tile

Appliance Dishwasher, Dryer, Refrigerator, Washer

Exterior

Parking Features Parking Spaces - 6 to 12

Roof Type Shingle

Building

Lot Description Corner Lot

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block,Concrete,Stucco

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8361746

Listed by EPIQUE REALTY, INC.