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Wade M. Berlin

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7116-7120 Oakwood Drive
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PRICED AT ONLY: $295,000

Address: 7116-7120 Oakwood Drive, NEW PORT RICHEY, FL 34652

Description

Welcome to your Gulf Coast Estates investment! Turnkey and cash flow ready. this updated duplex offers an exceptional opportunity for investors or house hackers seeking a low maintenance, income generating asset. Each side features 2 bedrooms and 1 bathroom, with both units showcasing tasteful renovations including new soft close cabinets, granite countertops, fresh interior paint, updated baseboards, new vanities, and newer A/C systems that have been brought up to current code standards. This property was previously impacted by flooding but has since been fully remediated and permitted, with the seller limiting repairs to just 17% of the propertys value. The units were most recently listed at $1,400 per month and received multiple applications, demonstrating strong rental demand. Tenants pay all utilities, and the owner has had minimal ongoing expenses beyond standard holding costs. With updated systems, low maintenance, and solid cash flow potential, don't miss out on this amazing income generating investment opportunity!
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  • MLS#: TB8392451 ( Residential Income )
  • Street Address: 7116-7120 Oakwood Drive
  • Viewed: 17
  • Price: $295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1981
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 50
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other, Sliding Doors
  • Flooring: Tile
  • Living Area: 1650.00
  • Roof: Shingle
Land Information
  • Lot Features: City Limits
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Public, Water - Multiple Meters
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: 2024
Rental Information
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
Other Features
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Other, Solid Surface Counters
  • Legal Description: GULF COAST ESTATES PB 5 PG 100 LOT 21 EXC NORTH 6.72 FT THEREOF
  • Levels: One
  • Area Major: 34652 - New Port Richey
  • Occupant Type: Vacant
  • Parcel Number: 16-25-32-018.0-000.00-021.0
  • Possession: Close Of Escrow
  • View: Trees/Woods
  • Views: 17
  • Zoning Code: R3
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Fantastic Investment Opportunity in New Port Richey! This well maintained duplex is ideally located on a quiet cul de sac, just minutes from Downtown New Port Richey and only 20 minutes from historic

  1. Bedrooms: 4
  2. Baths: 2
  3. Approx. 7316 sqft
  1. MLSID: TB8405428
  2. Provided by COASTAL PROPERTIES GROUP INTERNATIONAL
  3. Contact Roza Vahedi
  4. mfrmls
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin