$112,500
Sold2 bd · 2 ba · 920 sqft
5816 Congress Street, Unit 102, New Port Richey, FL, 34653
Part of Glen Crest Condo — homes, prices & HOA info →
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 entertainme…
- Type
- Condominium
- Year built
- 2004
- Lot
- 1.83 sqft
- ZIP
- 34653
Listing courtesy of LIFES A BEACH REAL ESTATE
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