Exceptional investment opportunity! This potential income-producing property offers five fully rented units with room for a potential sixth. Two long-term tenants (12-plus and 10-plus years) provide cash flow. Just blocks from downtown New Port Richey and Sims Park, steps from the river, shops, restaurants and events. Property includes a triplex (with possible conversion to a fourplex) plus two detached cottages, all on one parcel. Zoned for continued growth and positioned in New Port Richey's thriving redevelopment area. High rental demand and nearby amenities make this a rare find. Real estate you can see, touch and cash flow from. Act fast, opportunities like this do not last.
Financial Considerations
Price:
$780,000
HOA Fee:
N/A
Tax Amount:
$5514
Price per SqFt:
$203.92
Tax Legal Description:
CITY OF NEW PORT RICHEY PB 4 PG 49 LOTS 1 2 & 3 BLOCK 112 OR 5165 PG 1292