Discover an incredible investment opportunity with this charming duplex featuring two 2-bedroom, 1-bathroom units, priced under $200K! Located at 7124 & 7128 Pinewood Drive, this property offers a blank canvas, ready for your remodel ideas. Dry, mold-free, and solidly built, it's the perfect foundation for a stylish update. Situated just minutes from the vibrant downtown New Port Richey, this property allows easy access to shopping, dining, parks, and entertainment. Don’t miss your chance to own in a prime location with potential for rental income or multi-family living. Per Seller, Roof & Electrical done in 2023. Driveway done in 2022 Property did flood during Helene. Seller has removed all drywall(see pictures) & treated.
***This triplex features 1 bedroom 1 bathroom, 1 bedroom and 1 bathroom and 3 bedrooms and 2 bathrooms units, all units are has been recently remodeled with excellent location. Live in one and rent the others and have a great net return. Good investment. Well maintained property and easy to rent. Very good income property. They each have their own driveway and separate water and electric meters allowing tenants to pay their own utilities bills.
Incredible investment opportunity in New Port Richey! Up to 5 Duplexes for sale! This listing is for 6709, 6711, 6713, and 6715 River Rd. 2 Duplexes. Two tenants are month to month and two tenants have leases ending in 2025. Great NOI and at a 8.6% Cap Rate. Appointment only, Will go fast so call or text with any questions. Motivated seller priced to sell with a quick close. Financials and Pro Forma available.
One or more photo(s) has been virtually staged. **Multi-Family Income Property in Prime Downtown New Port Richey Location** Welcome to an exceptional investment opportunity nestled in the heart of Downtown New Port Richey! This unique multi-family property boasts five income-producing units on a spacious .52 acre lot. This is the perfect chance to live in the main home while renting out the other four units, allowing you to essentially live for free! Main Home Highlights:** The main home features 2 bedrooms and 2 full bathrooms, a dedicated office space, an updated kitchen with granite countertops, a dual fireplace for cozy ambiance, an inside utility room, an expansive basement, and an inviting porch and courtyard pool.**Additional Units:** Unit 2 offers 1 bedroom and 1 bathroom with an courtyard. Unit 3 is a studio with 1 bathroom. Unit 4 is a detached cottage featuring a large deck and rear alley access. Unit 5 is an efficiency unit currently listed as storage in Pasco County records. Please note that it is unknown if the efficiency was constructed with the necessary building permits **Important Note:** Pasco County records indicate that the property has a remediated sinkhole. However, the engineering reports necessary for certain types of financing and insurance are currently unavailable. Located just moments away from downtown shops, parks, eateries, hospital, and the city recreation center, this property provides the best of urban living with a charming, small-town feel. Enjoy the convenience of riding your golf cart to local events at Simms Park or the annual Chasco Fiesta. With its desirable location and versatile living arrangements, this property promises an excellent return on investment. Don’t miss out on this rare opportunity – it's here today and could be gone tomorrow at this incredible price! Schedule your private showing now and seize this unparalleled investment before it's too late!
Price Improvement Package Deal - All units are currently leased long-term and have been meticulously maintained. The community is beautifully enhanced with mature oak trees and offers a variety of amenities, including a community lake, swimming pool, clubhouse, tennis courts, and shuffleboard. The HOA fee covers exterior painting, roofing, general landscaping, lawn care and fertilization, exterior pest control, pool maintenance, garbage collection, as well as cable and internet services. Buyers are encouraged to verify all information for each unit. Complete Turnkey Rental Portfolio of 8 Condo Units in Pasco with single ownership. Owner financing may be an option, subject to mutually agreed-upon terms.
The median home value in New Port Richey, FL is $275,000. This is lower than the county median home value of $324,700. The national median home value is $338,100. The average price of homes sold in New Port Richey, FL is $275,000. Approximately 45.32% of New Port Richey homes are owned, compared to 35.84% rented, while 18.85% are vacant. New Port Richey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Port Richey real estate agent to arrange a tour today!
New Port Richey, Florida has a population of 16,348. New Port Richey is less family-centric than the surrounding county with 14.45% of the households containing married families with children. The county average for households married with children is 28.35%.
The median household income in New Port Richey, Florida is $40,319. The median household income for the surrounding county is $58,084 compared to the national median of $69,021. The median age of people living in New Port Richey is 52.3 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 49.1 degrees. The average rainfall is approximately 51.3 inches per year, with 0 inches of snow per year.