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Listed price in listed location currency (USD).
$449,930

350

MLS® TB8370544

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2753 sqft
Garage 
Taxes $5,455
Days Active 575
Lot Size 0.34 Acres
Approx. Age 1956
Avg. Price Per Sqft $163
MLS® Number TB8370544

Property Address: 5100 South Rd, NEW PORT RICHEY, FL, 34652-2419

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

Description

PRICE IMPROVEMENT!! Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $45k a year!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! Fire house next door is now completed. 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). This investment has 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.
MLS® NumberTB8370544
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
DrivewayAssigned, Curb Parking, Guest
Garage Spaces
HeatCentral, Electric, Ductless
A/CCentral Air, Wall/Window Unit(s)

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

0 days

Today, For Sale for $449,930

For Sale · 574 days

$449,930

MLS® TB8370544

2 years ago

Not Sold Yet

October 2026, For Sale for $424,900

For Sale · 0 days

$424,900

MLS® TB8563319

8 hours ago

Not Sold Yet

April 2025, For Sale for $449,930

For Sale · 574 days

$449,930

MLS® TB8370544

2 years ago

Not Sold Yet

Home Estimate Zoopraisal®

This property is estimated to sell between: $449,000 and $1,373,000.
Similar properties in this area sold on average for: $1,065,000
Expected to sell very soon! Similar properties sold in 39 days. This home has been on Zoocasa for 575 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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