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5318-5320 5324 Cedar Ln, New Pt Richey, FL, 34652

--beds
0baths
1,960sqft
$495,000
$253price/sqft
$3,349/moest. monthly cost
$133,960/yrincome needed

About This Home

**PRICE IMPROVEMENT** Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

2/10
Richey Elementary SchoolGrades PK-50.9 mi
2/10
Gulf Middle SchoolGrades 6-81.9 mi
3/10
Gulf High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: Laundry Room

Features

  • Thermostat

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,960 sqft

Property

Details

  • Parcel number: 322516025000D000120
  • Zoning: R1
  • Special condition: None

Features

  • Exterior features: Lighting
  • Fencing: Fenced

Lot

  • Lot size: 9,687 sqft