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Wade M. Berlin

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  4. 5318, 5320, 5324 Cedar Lane, NEW PORT RICHEY, FL 34652
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5318, 5320, 5324 Cedar Lane
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PRICED AT ONLY: $539,000

Address: 5318, 5320, 5324 Cedar Lane, NEW PORT RICHEY, FL 34652

Description

**PRICE IMPROVEMENT** Investors dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1 bedroom, 1 bathroom, and one unit is 2 bedroom, 1 bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.

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  • MLS#: W7883374 ( Residential Income )
  • Street Address: 5318, 5320, 5324 Cedar Lane
  • Viewed: 2
  • Price: $539,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 0
  • Days On Market: 32

Description

**PRICE IMPROVEMENT** Investors dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1 bedroom, 1 bathroom, and one unit is 2 bedroom, 1 bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Lighting
  • Living Area: 1960.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Interior Features: Thermostat
  • Legal Description: NEW PORT RICHEY ESTATES PB 3 PG 79 BLOCK D LOTS 12 & 13 EXC EAST 25.00 FT OF LOT 13
  • Area Major: 34652 - New Port Richey
  • Occupant Type: Tenant
  • Parcel Number: 32-25-16-0250-00D00-0120
  • Zoning Code: R1
Nearby Subdivisions
Barby Heights 1st Add   Covert Square   Crafts Sub   Gulf Coast Estates   Kinney Sub   New Port Richey City   New Port Richey Estates   Tampa Tarpon Spgs Land Co   Verdes Gardens  
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  4. phoenixwade@gmail.com
Wade M. Berlin

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