4116 Grand Blvd, New Port Richey, FL 34652
Commercial Units: 5
Residential Units: 7
Heated sqft: 8,208 sqft
Lot Size: 11,900 sqft
Build Type: Block
Are you looking for a value add revenue producer?
Check out this 12 unit multi-use property located in New Port Richey Florida.
Built in 1926, this unique 2 story building was originally composed as the First National Bank of Elfers, a Post Office, and the office suites for Senator . The original upper floor plan contained seven, 3 room apartments each fitted with their own bathroom.
This property has massive potential as it sits on a corner lot seconds from highway 19.
This property currently includes 5 commercial units on the bottom floor and 7 residential units upstairs.
This property will need an investors touch to maximize its full market potential.
All units are on separate electrical meters, with the owner paying for the exterior and communal lights as well as the sole water meter. (see financials)
This property currently has tenants with 1 residential unit and 3 commercial units vacant and can be viewed upon request.
Available on 10.06.2020
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these Properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement