Owner will considering financing INTEREST ONLY loan with $500,000 down at 7% interest with $500k do every 24 months. Recently impacted by the hurricane, this property has undergone restoration with all damaged materials removed and drywall replaced, though currently unfinished, allowing for your custom design. 36-villas in all. (18) 1 bedroom, 1bath w/garages 540 Sq.Ft . (13) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (3) 2 bedrooms 2 baths w/garages 801 SqFt units. (2) 1-bedroom 1-bath no garages 540 Sq.ft. Layout with an open floor plan. The hot water heater is in working condition. 55+ community that you can RENT OUT immediately. The community provides excellent amenities, including a pool, shuffleboard, and optional private beach access for an annual fee. HOA for 1 bed 1 bath $244 a month, 2-bed 1 bath $245 a month, and 2-bed 2 bath is $248 a month and that includes, Roof, water, trash, exterior of building and ground maintenance. Conveniently located near shopping centers, public transportation, dining options, and county parks, it’s also just minutes from historic downtown New Port Richey. This villa is an attractive opportunity for buyers seeking both location and potential. This is a 209 unit complex. This owner owns 36 units.
***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.
Back on the Market due to buyer's financing falling through. Two houses on one lot! Discover a rare and exciting opportunity in the heart of New Port Richey! This fully renovated, dual-dwelling property sits on a generous 0.25-acre lot, offering endless potential for multi-generational living or as an income-generating investment. The main house features 3 bedrooms, 1 full bath, a 1-car garage equipped with a brand-new mini split A/C, and an enormous backyard with endless customization potential. Both homes have recently undergone roof replacements in 2024 and withstood Hurricane Helene and Hurricane Milton with no damage, offering complete peace of mind. The second dwelling is a charming 649-square-foot cottage with 1 bedroom, 1 full bath, a cozy living room, full size kitchen, laundry area and a built in security system. The cottage's design and renovation is consistent with the main house. This cottage, grandfathered in on the lot and registered with the city of New Port Richey, has its own private entrance and parking on Sunshine Alley, providing complete privacy. It is currently rented for $1,850 until November 4. This property offers flexibility for investors or those seeking extra space for family. Use the main house as your primary residence while continuing to rent the cottage, or have the cottage as a guesthouse for in-laws. Both homes feature updated tile floors, modern kitchens, elegant interior doors, and ceiling fans throughout. Located just a short 3-minute golf cart ride or 20-minute stroll from vibrant downtown New Port Richey, you’ll enjoy access to fine restaurants, trendy bars, boutique shopping, and cultural hotspots. Sims Park, with its scenic waterfront views and year-round events, is a local highlight. The revitalized downtown area is attracting new visitors and residents, making it a great time to invest. Additionally, you're close to Gulf Coast beaches and the New Port Richey Recreation & Aquatic Center. Whether you’re looking for a family home with extra space or a fantastic investment opportunity, this dual-dwelling property offers endless possibilities. Don’t miss your chance to own this gem in a rapidly growing community!
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.
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.
New Port Richey is located in Florida. 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.