5403 Drinkard Drive, New Port Richey, FL 34653
- $299,900
- 4
- BD
- 2
- BA
- 2,464
- SqFt
- List Price
- $299,900
- Status
- Active
- Days on Market
- 0
- MLS#
- W7889441
- Property Style
- Duplex
- Year Built
- 1984
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,464
- Price per sq. ft.
- 121.71
- Lot Size
- 7,200
- Acres
- 0.17
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Old Grove
- MLS Area Major
- New Port Richey
Property Description
DUPLEX OPPORTUNITY MINUTES FROM DOWNTOWN NEW PORT RICHEY! Offered at just $299,900, this concrete-block duplex presents a compelling opportunity for investors, owner-occupants and buyers looking to build long-term rental income. The property features two separate 2-bedroom, 1-bath units, and BOTH ARE CURRENTLY VACANT, giving the next owner the freedom to renovate, select tenants and establish rents without inheriting existing leases. With approximately 2,464 total square feet, there is plenty of room and plenty of potential. Unit 5403 is currently in better overall condition, while Unit 5409 provides additional value-add opportunity through updating and improvements. The property is dated, but that is exactly where the upside lies. Renovate both units for your rental portfolio, live in one side while renting the other, or improve the property over time as part of a long-term investment strategy. Comparable 2-bedroom rentals in the surrounding New Port Richey market demonstrate strong rental potential, while the location puts residents just minutes from Downtown New Port Richey's restaurants, shopping, parks, entertainment and community events. Two units. Both vacant. Approximately 2,464 square feet. $299,900. Bring your vision and take advantage of an increasingly hard-to-find multifamily opportunity in the heart of New Port Richey.
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Additional Information
- Taxes
- $3820
- Minimum Lease Period
- No Minimum
- Location
- Corner Lot, City Limits, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story, Attached
- Zoning
- R3
- Interior Features
- Eat-in Kitchen
- Floor
- Carpet, Vinyl
- Appliances
- Range
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Fence
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Common, Driveway
- Elementary School
- Cotee River Elementary-Po
- Middle School
- Gulf Middle-Po
- High School
- Gulf High-PO
- Pets
- Allowed
- Flood Zone Code
- AE*
- Parcel ID
- 16-26-09-015.0-00F.00-013.0
- Legal Description
- OLD GROVE-2 MB 2 PG 69 LOT 13 BLK F RB 1055 PG 585 OR 8543 PG 718
Listing courtesy of SANDPEAK REALTY. 727-232-2192
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