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$129,500
2 Beds
- 2 Baths
2 full baths
920sqft
5816 Congress St #102, New Port Richey, FL 34653
$129,500
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Condominium
Built in 2004
$302/mo HOA
1.83 acres lot
$141/sq.ft
Description
Updated condo in the heart of New Port Richey! This unit is one (1) of three (3) available investment properties, all currently rented and producing a combined monthly income of $4,650. An excellent investment opportunity with strong returns — this particular unit rents for $1,550/month, offering a ~14.4% gross cap rate and an estimated ~10.0% net cap rate (based on a 30% expense ratio). Recent appraisal and inspection reports are included in the attachments. This well-maintained 2-bedroom, 2-bath Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. Located minutes from beautiful Gulf beaches, shopping, din...
Continue ReadingProperty Details
Status
Active
Type
Condominium
No. of Stories
1
County
City
Neighborhood
--
Year Built
2004
HOA Fees
$302 Monthly
Finished Area
920 sqft
Lot Size
1.83 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8435439
MLS Status
Active
Days on Market
60
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