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Daniel Paz

danpazsarnerrealtor@gmail.com +1(407) 485-5681

$ 299,900

Est. payment | -/mo

4 Beds

2 Baths

2,464 SqFt

Save

$ 299,900

Est. payment | -/mo

Save

4 Beds

2 Baths

2,464 SqFt

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,464 sqft

Price per Sqft $121

Subdivision Old Grove

MLS Listing ID W7889441

Bedrooms 4

HOA Y/N No

Year Built 1984

Annual Tax Amount $3,820

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Source Stellar MLS

Property Description

DUPLEX OPPORTUNITY MINUTES FROM DOWNTOWN NEW PORT RICHEY! Offered at just $299,900, this concrete-block duplex presents a compelling opportunity for investors, owner-occupants and buyers looking to build long-term rental income. The property features two separate 2-bedroom, 1-bath units, and BOTH ARE CURRENTLY VACANT, giving the next owner the freedom to renovate, select tenants and establish rents without inheriting existing leases. With approximately 2,464 total square feet, there is plenty of room and plenty of potential. Unit 5403 is currently in better overall condition, while Unit 5409 provides additional value-add opportunity through updating and improvements. The property is dated, but that is exactly where the upside lies. Renovate both units for your rental portfolio, live in one side while renting the other, or improve the property over time as part of a long-term investment strategy. Comparable 2-bedroom rentals in the surrounding New Port Richey market demonstrate strong rental potential, while the location puts residents just minutes from Downtown New Port Richey's restaurants, shopping, parks, entertainment and community events. Two units. Both vacant. Approximately 2,464 square feet. $299,900. Bring your vision and take advantage of an increasingly hard-to-find multifamily opportunity in the heart of New Port Richey.

Location

State FL

County Pasco

Community Old Grove

Area 34653 - New Port Richey

Zoning R3

Interior

Interior Features Eat-in Kitchen

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Range

Laundry Inside

Exterior

Exterior Feature Fence

Parking Features Common, Driveway

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

View City

Roof Type Shingle

Porch Deck

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Cotee River Elementary-Po

Middle Schools Gulf Middle-Po

High Schools Gulf High-Po

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Michael Dumas SANDPEAK REALTY

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(407) 485-5681

danpazsarnerrealtor@gmail.com

5403 DRINKARD DR New Port Richey, FL 34653

Daniel Paz

Key Details

Location

Interior

Exterior

Building

Schools

Others

Schools and Properties Nearby

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5403 DRINKARD DR