BEDS0
BATHS
SQUARE FEET1,960
MLS#W7883374
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNEW PORT RICHEY ESTATES
Property Description
**PRICE IMPROVEMENT** Investor's dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $3,937
Year Built: 1979
Amenities
Thermostat
Fence
Lighting
Feature Descriptions
Annual Net Income: 46800.00
Days on Site: 70
Directions: From US Highway 19, turn directly onto Cedar Lane and continue to property on right hand side.
Exterior: Block
Flood Zone Code: AE
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.22
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 3
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R1
Listed By / Shown By
Listed By
Agency Name: TREASURE HUNTING LLC
Agency Contact: 727-478-5685
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
Estimate Your Payment
Estimated Payment
$ 1,574.11 per month $1,101.66 Principal & Interest $328.08 Property Tax $144.38 Homeowner's InsuranceChange Payment Information
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5318, 5320, 5324 Cedar Lane | MLS# W7883374
This multi-family property located at 5318, 5320, 5324 Cedar Lane, New Port Richey, FL 34652 is currently listed for sale with an asking price of $495,000. Search New Port Richey real estate on mainlinemanny.realtymark.net today.