5622-5632 Ohio Avenue, New Port Richey, FL 34652

$879,000
12
BD
6
BA
5,130
SqFt

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Sold Price
$879,000
List Price
$879,000
Status
Sold
Days on Market
2
Closing Date
Feb 22, 2025
MLS#
W7872132
Property Style
Multi-Family
Year Built
1972
Bedrooms
12
Bathrooms
6
Living Area
5,130
Lot Size
24,820
Acres
0.57
Total Acreage
1/2 to less than 1
Legal Subdivision Name
New Port Richey City
MLS Area Major
New Port Richey

Property Description

Amazing investment opportunity to own 6 units right in the heart of New Port Richey only minutes away from Sims Park and steps from the Cotee River! This property features 3 buildings with 2 units in each. All units are virtually identical in layout being 2 bedrooms and 1 full bath. Each unit has a private back porch with their own utility rooms with washer/dryer hookups. All 6 units are currently rented! Don't miss out on a great chance at increasing your income with this rental complex featuring strong CAP rates! Annual net income does not include professional management which is willing to stay on with new owners, property taxes or insurance. All NEW duct work in every unit 2024, new AC systems in unit 5626 (2021) & unit 5628 (2020), all units serviced annually.

Additional Information

Taxes
$12266
Annual Gross Income
81000
Community Features
No Deed Restriction
Zoning
R2
Interior Layout
Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
Interior Features
Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
Utilities
Electricity Connected, Public
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Lighting, Private Mailbox, Storage
Roof
Membrane, Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
16-26-05-003.0-037.00-001.0
Legal Description
CITY OF NEW PORT RICHEY PB 4 PG 49 W 100 FT OF LOT 1 BLK 37 & THAT PART OF LOTS 11 12 & 13 BLK 37 LYING E OF LN WHICH IS 45.8 FT W OF & // TO W BDY OF LOT 1 BLK 37 OR 9040 PG 3180

Listing courtesy of NJS REALTY PLLC. 813-365-7048

Selling Office: FUTURE HOME REALTY.

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