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5100 South Rd New Port Richey, FL 34652

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For Sale
$499,750

Well-maintained, fully-leased multiplex in desirable New Port Richey location.

Lot size:
0.34 Acres

Property Features for 5100 South Rd

General Information

Property type
Investment
Standard status
Active
Lot size
0.34 Acres

Building Details

Year built
1956

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Listing Contact
Susan Schmidt Mcgowan
Susan Schmidt Mcgowan
Source: Elliman

Listing Agency: Future Home Realty, Inc Listing Agent: Susan Schmidt Mcgowan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Port Richey Multiplex Investment

This well-maintained multiplex property presents an investment opportunity with five fully-leased units, generating consistent income. Each unit has been renovated with new A/C units, water heaters, remodeled kitchens, and remodeled bathrooms. Situated in a desirable New Port Richey neighborhood, the property benefits from strong demand for rental units. Its location provides easy access to major transportation routes, shopping centers, and local amenities. The property is in turnkey condition, with regular maintenance and updates. It features a block structure, a separate laundry building, and a newer roof installed in 2020. This multiplex offers investors a chance for a stable, income-producing asset with long-term appreciation potential.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
New Port Richey
County
Pasco
State
Florida
Longitude
-82.729887
Latitude
28.245889

FAQs

What type of property is this?
Apartment building - Well-maintained, fully-leased multiplex in desirable New Port Richey location.
Where is this apartment building located?
The property is located at 5100 South Rd New Port Richey, FL.
What is the asking price?
The asking price for this property is $499,750.
What are key features of this property?
This property features: - Five fully-leased, renovated units generate consistent income.; - Prime New Port Richey location with high rental demand and future growth potential.; - Turnkey condition minimizes immediate capital expenditures.
More about this property
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