Description

Value-add opportunity in New Port Richey! This vacant 3-bedroom, 1-bathroom concrete block home offers approximately 1,099 square feet of living area on a 6,751-square-foot lot. Built in 1957, the property includes an open living area and carport and is offered in its current as-is condition with renovations needed. The layout, lot size, and location may provide potential for improvement, subject to buyer evaluation, permitting, and applicable requirements.For investment analysis purposes, after-repair value (ARV) of approximately $240,000 and renovation costs of approximately $45,000. These figures are estimates only and may vary based on the scope of work, materials, labor, permits, market conditions, and other factors. Buyers should conduct their own inspections, contractor evaluations, market analysis, and financial due diligence before proceeding.Convenient New Port Richey location near shopping, dining, parks, and major roadways, with access toward Tampa, Clearwater, and St. Petersburg. The property is vacant and available for viewing subject to showing instructions. Its location and renovation potential may appeal to buyers seeking a project, rental opportunity, or resale strategy, subject to independent evaluation and applicable regulations.Approximately 2-3 months requested for closing. Buyer to verify all property information, dimensions, zoning, permits, code compliance requirements, lien information, and other matters important to the buyer. Buyer is responsible for all closing costs and title insurance. Seller is selling the property as-is.