New Port Richey, FL 34653,5817 & 5815 ROWAN RD
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New Port Richey, FL 34653,5817 & 5815 ROWAN RD
New Port Richey, FL 34653,5817 & 5815 ROWAN RD
New Port Richey, FL 34653,5817 & 5815 ROWAN RD
New Port Richey, FL 34653,5817 & 5815 ROWAN RD

$865,000

Est. payment /mo

$910,500

5.0%
Est.Price: ?

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5817 & 5815 ROWAN RD New Port Richey, FL 34653

2,000 SqFt

SOLD DATE : 01/07/2022

Key Details

Sold Price $865,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $432

Subdivision Port Richey Land Co Sub

MLS Listing ID U8141298

Sold Date 01/07/22

Construction Status Inspections

HOA Y/N No

Year Built 1973

Annual Tax Amount $3,640

Lot Size 1.100 Acres

Acres 1.1

Property Description

Great business opportunity, 100% occupied mini storage with 84 units and a Duplex on a separate parcel. This opportunity also comes with an onsite manager, and all the units have had new door seals and also been recently painted. The duplex also has been recently renovated inside with a new septic system and drain field. It is 100% occupied and currently bringing in around $7,500 per month which is $90k per year. Only expenses are taxes and insurance which total is around $10k a year. There is a lot of room for increase of rents as a large portion of the units have not been raised since the late 90's. There is also room for growth as well. Most of the tenants have been there for more than 20 years. This is a great income property with low maintenance. They also recently added a new domain and an online client sign up and payment system great for streamline management of payments and end of year accounting. Hurry this one won't last. Set up an appointment and please do not disturb the tenants thanks. All measurements are approximate buyer to verify.

Location

State FL

County Pasco

Community Port Richey Land Co Sub

Zoning C1

Interior

Cooling Central Air

Flooring Concrete

Appliance Refrigerator

Exterior

Garage Parking Spaces - 6 to 12, Lighted

Waterfront false

Roof Type Shingle

Parking Type Parking Spaces - 6 to 12, Lighted

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Block,Stucco

New Construction false

Construction Status Inspections

Others

Ownership Corporation

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition None

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Stellar MLS
Listed by REALNET BROKERAGE
Bought with REALNET BROKERAGE

Edward Gibbs

Agent | License ID: 3499381

+1(813) 785-4002

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