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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 175,000

Est. payment | -/mo

2 Beds

2 Baths

1,027 SqFt

Save Virtual Tour

$ 175,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,027 SqFt

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,027 sqft

Price per Sqft $170

Subdivision Kinney Sub

MLS Listing ID TB8390381

Bedrooms 2

HOA Y/N No

Year Built 1948

Annual Tax Amount $3,472

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Don't miss this rare investment opportunity in the heart of downtown New Port Richey. This well-maintained duplex features two separate units, each with private entrances, individual driveways, and updated interiors, offering strong rental income with future upside. The roof was replaced in 2018, and the entire exterior was freshly painted in 2024.
Unit 5718 features a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room. It currently functions as a large studio but can easily be converted into a one-bedroom layout. Tenant in place paying $1,000/month.
Unit 5716 is a cozy studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenant in place paying $900/month.
Shared amenities include an exterior laundry area with washer and dryer (not coin-operated) and a large fenced yard. Both units have never experienced interior flooding. Tenants are on month-to-month leases, providing flexibility for future rental increases, repositioning, or redevelopment.
Current gross annual rental income is $22,800.
The property is ideally located just steps from downtown New Port Richey's shops, restaurants, Sims Park, local festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away.
This income-producing property offers immediate cash flow with long-term potential in one of Pasco County's most walkable and desirable areas. Schedule your private showing today.

Location

State FL

County Pasco

Community Kinney Sub

Area 34652 - New Port Richey

Zoning R2

Interior

Interior Features Ceiling Fans(s), Open Floorplan

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Fireplaces Type Wood Burning

Fireplace true

Appliance Dryer, Electric Water Heater, Range, Refrigerator, Washer

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Fence

Utilities Available Public

View Y/N No

Water Access No

Roof Type Shingle

Porch Front Porch, Rear Porch

Garage false

Private Pool No

Building

Lot Description Corner Lot, Sidewalk, Paved

Foundation Block, Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Schools

Elementary Schools Richey Elementary School

Middle Schools Gulf Middle-Po

High Schools Gulf High-Po

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8390381

Listed by Kim Doukas RE/MAX CHAMPIONS

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL 32259

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5716 KENWOOD AVE New Port Richey, FL 34652