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!
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!
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
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
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