5816 CONGRESS STREET, #102, New Port Richey, FL, 34653
5 rooms
2 beds
2 Full baths
2004
920 sqft
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, dining, and entertainment, with easy access to Tampa, St. Petersburg, Clearwater, and the airport. The low HOA fee ($302/month) covers water, sewer, and trash. Whether you’re seeking a clean, affordable home or a high-performing, cash-flowing investment — this one checks all the boxes. Cash-only sale.
Status:
Active
Type:
Condo
Furnished Remarks:
Unfurnished
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Complex:
GLEN CREST CONDO
Heating:
Electric
Cooling:
Central Air
Levels:
1
Common Charge:
$302 Monthly
Acreage:
1.83
Est. Taxes:
$2,030
Condo Fee
302.0000
HOA Fee
$302
Construction
Block
Utilities
Electricity Connected, Sewer Connected, Water Connected
Elementary School:
Cotee River Elementary-PO
Middle School:
Gulf Middle-PO
High School:
Gulf High-PO
Days on Market:
56
Pet Policy:
Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
Appliances:
Dishwasher, Disposal, Electric Water Heater, Freezer, Refrigerator
Min Lease Term:
1 Month
MLS #:
TB8435439
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LIFES A BEACH REAL ESTATE 972-415-2502