- MLS#: TB8434394 ( Residential )
- Street Address: 5816 Congress Street 201
- Viewed: 1
- Price: $129,500
- Price sqft: $131
- Waterfront: No
- Year Built: 2004
- Bldg sqft: 985
- Bedrooms: 2
- Total Baths: 2
- Full Baths: 2
- Days On Market: 1
- Additional Information
- Geolocation: 28.2436 / -82.7068
- County: PASCO
- City: New Port Richey
- Zipcode: 34653
- Subdivision: Glen Crest Condo
- Building: Glen Crest Condo
- Elementary School: Cotee River
- Middle School: Gulf
- High School: Gulf
- Provided by: LIFES A BEACH REAL ESTATE
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DescriptionUpdated 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 corner unit features a spacious open living area, large kitchen, generous bedrooms, in unit laundry, and extra storage space. Peacefully situated next to a quiet conservation area, this home offers privacy and a serene natural view. 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 youre seeking a clean, affordable home or a high performing, cash flowing investment this one checks all the boxes. Cash only sale.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Apply Now- Covered Spaces: 0.00
- Exterior Features: Lighting
- Flooring: Laminate, LuxuryVinyl
- Living Area: 985.00
- Roof: Metal
- Property Condition: NewConstruction
- High School: Gulf High-PO
- Middle School: Gulf Middle-PO
- School Elementary: Cotee River Elementary-PO
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Water Source: Private
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans
- Heating: Electric
- Pets Allowed: CatsOk, DogsOk, NumberLimit, SizeLimit
- Pets Comments: Small (16-35 Lbs.)
- Sewer: PublicSewer
- Utilities: ElectricityConnected, SewerConnected, WaterConnected
- Home Owners Association Fee Includes: CableTv, Internet, MaintenanceGrounds, MaintenanceStructure, None, Sewer, Trash, Water
- Home Owners Association Fee: 302.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
- Appliances: ConvectionOven, Cooktop, Dishwasher, ElectricWaterHeater, Freezer, Disposal
- Country: US
- Interior Features: CeilingFans, MainLevelPrimary
- Legal Description: GLEN CREST CONDOMINIUM OR 6742 PG 1 BLDG B UNIT 201
- Levels: One
- Area Major: 34653 - New Port Richey
- Occupant Type: Tenant
- Parcel Number: 16-26-09-022.0-00B.00-201.0
- The Range: 0.00
- Unit Number: 201
- Zoning Code: MF1
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