6725 Congress St, New Port Richey, FL 34653

Pride of ownership property located in the highly desirable Downtown New Port Richey! This 2 building 8 unit property rests on a combined 18,000 SF lot with 6640 SF of rentable area. All units are 2 bedroom/1 bathroom with living room, open kitchen with breakfast nook, spacious bedrooms, laundry room with washer & dryer hookups and storage room. Most units have recently been renovated, new AC units, new water heaters in most, new exterior paint in 2017 and new roofs 2018. Each building has an under stairs owners storage closet, plenty of parking and a shared fenced-in dumpster on site. Each unit has separate water meter and electric meter! This unique property lends investors the opportunity to acquire a well maintained, pride of ownership property in one of the counties top rental markets and it continues to grow. Only minutes away from Downtown filled with eclectic bars, restaurants, entertainment, riverfront park, festivals and more; .6 mi away is the new Recreation and Aquatic Center with so much to offer! This property has been setup & centrally located with the investor's longevity in mind.

Active with contract. Not a short sale or REO and ready to close immediately. Here is your chance to own a turn key quadplex apartment building and earn substantial returns on your money every month. This property consists of 4, large 2 bdrm 1 bath units that have been totally transformed inside. The exterior of this property has had fresh landscaping, new paint, and some tropical trees and plants. Renovations include: an Owner's Unit (superior upgrades, in case you want to buy as a primary residence); new flooring (carpet, ceramic tile, and/or laminate flooring) throughout all units; fresh paint in all units; new & refinished countertops and refinished cabinets in all the Kitchens; refinished cabinets in 3 of the Bathrooms, and totally new vanity inthe Owner's Unit; and much more! Each unit is approximately 850 square feet with market rental income for the building of $2,400per month. Bottom right unit rented for $600 per month 1 year lease. All 4 units have very large bedrooms, and the master bedroom in each is more then large enough to fit a king size bed. Best of all, each unit is separately metered for water and electric so no surprise bills for the owner! The building has 7 designated parking spaces and dumpster that is shared with identical quadplex next door. Do the math and then schedule a private showing before this opportunity passes you by. Property is NOT located in a flood zone according to tax records!