Active

$202,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1027 sq ft
Overview
  • ID: MFRTB8390381
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1027 sq ft
Property Details
Remarks
Don’t miss this rare investment opportunity in the heart of downtown New Port Richey! This versatile duplex is zoned for a triplex and carries three addresses (5714, 5716, and 5718), though two units are currently in use. Both feature private entrances, driveways, and updated interiors. Roof was replaced in 2018. Unit 5718 offers a remodeled kitchen, updated bath, fireplace, and a spacious Florida room. It functions as a large studio but can easily be converted to a one-bedroom. Tenant in place paying $1,000/month. Unit 5716 is a cozy studio with a recently remodeled bath and a private entrance off Washington Street. Tenant in place paying $900/month. Shared amenities include an exterior laundry area with washer/dryer (not coin-operated) and a large fenced yard. The entire exterior was freshly painted in 2024, and both units have never experienced interior flooding. Current gross rental income is $22,800 annually, with tenants on month-to-month leases, offering flexibility for future rental increases or redevelopment. Conveniently located just steps from downtown New Port Richey’s shops, restaurants, Sims Park, festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away. This income-producing property combines immediate cash flow with long-term potential. Schedule your private showing today!
Financial Considerations
Price:
$202,000
HOA Fee:
N/A
Tax Amount:
$3472.1
Price per SqFt:
$196.69
Tax Legal Description:
KINNEY SUB PB 2 PG 44 EAST 29 FT OF LOT 10 & ALL OF LOT 11 BLOCK 1
Exterior Features
Lot Size:
9114
Lot Features:
Corner Lot, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Dryer, Electric Water Heater, Range, Refrigerator, Washer
Furnished:
No
Floor:
Luxury Vinyl
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1948
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
N/A
Map
  • Address
    5714 KENWOOD AVE
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