5749 Indiana Avenue

Sold 4/11/18
Sold 4/11/18
Welcome to Irish Arms- 8 apartments complex. Quaint & Simple. Prime Location to Downtown Main Street.
Sold
Last Sold Price
$415,000
4,344 sqft$96/sqft
5749 Indiana Ave, New Port Richey, FL 34652
0.34 acresLot Size
1970Year Built
$96/sq ftPrice per sq ft

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...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!
  • Listed by: Jennifer Davida 727.480.5031 home@jenndavida.com Brokerage DRE #1012254 • Future Home Realty Inc
Listing closed: 04/11/2018 12:00 AM • Source: MFRMLS, MLS#: U7839446

Recent comparable sales

Median sold price

$369,000

Avg days on market

80

Sale-to-list ratio

91.3%

New Port Richey, FL

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Location

Listing Courtesy of Future Home Realty Inc, Jennifer Davida

Sold By FUTURE HOME REALTY INC, Jennifer Davida

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Principal and Interest

$2,109

Property Taxes

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Property Information for 5749 Indiana Avenue

Property Details
  • Taxes: $3,457 / year
  • County: Pasco County
  • Architectural Style: Bungalow, Florida
  • Subdivision Name: NEW PORT RICHEY CITY
  • Township: 26
  • Waterfront: No
Building Information
  • Residences: 8
  • Year Built: 1970
  • Lot Size: 0.34 AC / 15,000 SF
Summary
Location and General Information
  • Building Area Source: Public Records
  • Community Features: Sidewalks
  • Directions: US Hwy 19, East on Main Street, Left on Adams, Left on Indiana. Property located on the Right- Irish Arms.
  • Millage Rate: 24.09%
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Street Number: 5749
  • Street Name: INDIANA
  • Street Suffix: AVENUE
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Carport: No
  • Garage: No
  • Parking Features: None, Parking Pad
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Management: Professional Off Site
  • Tax Block: 43
  • Tax Book Number: 4-49
  • Tax Legal Description: CITY OF NEW PORT RICHEY PB 4 PG 49 LOT 13 BLOCK 43 OR 8275 PG 495 and CITY OF NEW PORT RICHEY PB 4 PG 49 LOT 14 BLOCK43 OR 8275 PG 495
  • Tax Lot: 13
  • Tax Year: 2017
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 05-26-16-0030-04300-0140
  • Additional Parcels: Yes
  • Lot Features: Flood Insurance Required, City Lot
  • Lot Size Dimensions: 150 x 100
  • Parcel Number: 0526160030043000130
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Zoning: MF1
  • Living Area: 4344
  • Lot Dimensions: 150 x 100
Property and Assessments
  • Year Built Numeric: 1970
  • Flood Zone Code: AE
  • Flood Zone Date: 09-26-2014
  • Flood Zone Panel: 12101C0188F
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 16
  • Public Survey Section: 5
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Appliances: Range, Refrigerator
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central, Electric, Wall Units / Window Unit
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $11,793
  • Annual Net Income: $36,207.00
  • Deposits: Yes
  • Est Annual Market Income: $58,200.00
  • Gross Income: $48,000
  • Unit Count: 8
Rental
Rental Information
  • Total Actual Rent: $4,000

Property History for 5749 Indiana Avenue

DateEvent & SourcePriceAppreciation
Apr 11, 2018

Sold

MFRMLS #U7839446

$415,000—
Mar 27, 2018

Pending

MFRMLS #U7839446

—
Dec 4, 2017

Listed (Active)

MFRMLS #U7839446

$495,000—
DateEvent & SourcePrice
04/11/2018

Sold

MFRMLS #U7839446

$415,000
03/27/2018

Pending

MFRMLS #U7839446

—
12/04/2017

Listed (Active)

MFRMLS #U7839446

$495,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5749 Indiana Avenue

Taxable ValueLand$33,705Additions$436,069Total$469,774
Tax Record2025$9,232 ($769 / month)
Home Facts
Baths2.5Total Finished SqFt3,144 SqFtAbove Grade Finished SqFt3,144 SqFtStories1Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970Year Renovated1970ZoningMF1CountyPASCOAPN05-26-16-0030-04300-0130

Schools near 5749 Indiana Avenue

This home is within Pasco.
Rating
School
Type
Grades
Distance
Richey Elementary School
Public - PK to 5
Gulf Middle School
Public - 6 to 8
Gulf High School
Public - 9 to 12
James M. Marlowe Elementary School
Public - PK to 5
Rating
School
Distance
Richey Elementary School
PublicPK to 5

Gulf Middle School
Public6 to 8

Gulf High School
Public9 to 12

James M. Marlowe Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5749 Indiana Avenue, New Port Richey, FL 34652
$415,000
–
–
4,344
15,000
5801 Indiana Avenue, New Port Richey, FL 34652
–
–
1
1,200
7,500
5745 Indiana Avenue, New Port Richey, FL 34652
–
–
2
891
7,500
5739 Indiana Avenue, New Port Richey, FL 34652
–
–
1
1,056
6,525
6545 Adams Street, New Port Richey, FL 34652
–
–
1
1,702
7,500
6603 Adams Street, New Port Richey, FL 34652
$250,000
2
850
7,500

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Future Home Realty Inc, Jennifer Davida

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/14/2021 05:11 PM