USAFLNew Port RicheyTampa Tarpon Spgs Land Co5100 South Rd
5100 South Rd, Home with 3 bedrooms, 5 bathrooms and null parking in NEW PORT RICHEY FL | Image 1
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$625,000

5100 South Rd, New Port Richey, FL

Real Estate

For Sale

$--,---,---
350
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2753 sqft
Garage No
Taxes $5,455
Days Active 105
Lot Size 
Approx. Age 1956
Avg. Price Per Sqft $227
MLS® Number TB8370544

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new A/C units, water heaters, fully remodeled kitchens, and remodeled bathrooms, appealing to tenants, ensuring a steady cash flow and low vacancy risk. The property is situated in a highly desirable neighborhood of New Port Richey, where demand for rental units remains strong, ensuring high occupancy rates and attractive rental yields. The location is ideal, with easy access to major transportation routes, shopping centers, and other local amenities, making it an even more appealing option for tenants. The property is in turnkey condition, with regular maintenance and updates that minimize the need for immediate capital expenditures. With a block structure, a separate laundry building, and a newer roof (2020). With a proven track record of delivering strong returns and situated in an area that shows continued growth, this multiplex offers an exceptional chance for investors seeking a stable, income-producing asset with excellent long-term appreciation potential. The current owners are enjoying over a 7% Cap rate! Don't delay. Call today to set up a viewing of this fantastic investment property.Show Description
MLS® NumberTB8370544
Laundry LevelCommon Area, Laundry Room
Central VacNo
FireplaceNo
Acreage0.34
ExteriorOutbuildings, Lighting, Private Mailbox
GarageNo
Approx. Age1956
Basement
DrivewayAssigned, Curb Parking, Guest
Garage Spaces
HeatCentral, Electric, Ductless
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

Extras

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