6746 Madison Street, New Port Richey, FL 34652

$420,000
5
BD
3
BA
1,939
SqFt

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Sold Price
$420,000
List Price
$435,000
Status
Sold
Days on Market
4
Closing Date
Apr 30, 2024
MLS#
W7863445
Property Style
Duplex
Year Built
1981
Bedrooms
5
Bathrooms
3
Living Area
1,939
Lot Size
10,320
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Anclote River Heights
MLS Area Major
New Port Richey

Property Description

6746 & 6802 Madison St. This well-maintained duplex presents a lucrative investment opportunity with significant upgrades and an ideal location for growth. The property features a new roof, upgraded electrical panels, water heaters, and AC units, with one unit completely remodeled. Both units boast spacious backyards, screened lanais, and indoor laundry hookups, enhancing tenant appeal. The duplex is currently rented long-term tenants under 12-month leases. Lease ends May 31st. The property includes a 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, both fully leased and up-to-date on payments. Located in downtown New Port Richey, tenants enjoy easy access to sims park, fire department, hospitals, shopping, dining, entertainment, and natural beauty, making it an attractive living option. This investment is perfect for those looking to increase their portfolio, explore house hacking, or secure a property for a 1031 Exchange. Seller motivated and open to seller finance options.

Additional Information

Taxes
$5166
Annual Gross Income
27000
Community Features
No Deed Restriction
Property Description
Split Level
Zoning
R3
Interior Layout
Vaulted Ceiling(s)
Interior Features
Vaulted Ceiling(s)
Floor
Ceramic Tile
Appliances
Cooktop, Disposal, Electric Water Heater, Freezer, Refrigerator
Utilities
Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Fence
Roof
Shingle
Foundation
Block, Slab
Pool
No Pool
Garage Features
Driveway
Flood Zone Code
x
Parcel ID
04-26-16-0090-00100-0060
Legal Description
OAK HILL HTS MB 3 PG 82 LOT 6 S 1/2 LOT 7 BLK 1 OR 9717 PG 1773

Listing courtesy of MCCULLOUGH & ASSOC REALTY INC. 727-237-4940

Selling Office: COLDWELL BANKER REALTY.

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