Address: 5940 & 5934 Meadowlane Street, NEW PORT RICHEY, FL 34652
Description
Exceptional Income Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side by side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether youre an investor seeking a high demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully designed living space. A functional open concept layout with high ceilings and recessed lighting seamlessly connect the living and dining areas. Designed with comfort and accessibility in mind, the kitchen features a breakfast bar, newer appliances and a laundry closet with washer/dryer. The guest bedrooms are generously sized and share a hallway bathroom, while the primary suite has a large walk in closet and en suite bathroom. This unique layout of two homes under one roof is suitable for a wide range of living needs including multigenerational living or a private mother in law suite. Step outside to enjoy the fully fenced backyard, including a separate privacy fence dividing each unit, allowing residents to enjoy their own outdoor space or even store their RV! Enjoy peace of mind with TWO newer AC units (2024/2025) and a brand NEW roof included with acceptable offer. One unit is currently tenant occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions and is situated outside of a flood zone. Located just minutes from US 19, this home has quick access to major commuting routes, shopping, dining, and the vibrant downtown district, making it highly desirable for both homeowners and tenants. Schedule your private showing today!
Exceptional Income Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side by side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether youre an investor seeking a high demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully designed living space. A functional open concept layout with high ceilings and recessed lighting seamlessly connect the living and dining areas. Designed with comfort and accessibility in mind, the kitchen features a breakfast bar, newer appliances and a laundry closet with washer/dryer. The guest bedrooms are generously sized and share a hallway bathroom, while the primary suite has a large walk in closet and en suite bathroom. This unique layout of two homes under one roof is suitable for a wide range of living needs including multigenerational living or a private mother in law suite. Step outside to enjoy the fully fenced backyard, including a separate privacy fence dividing each unit, allowing residents to enjoy their own outdoor space or even store their RV! Enjoy peace of mind with TWO newer AC units (2024/2025) and a brand NEW roof included with acceptable offer. One unit is currently tenant occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions and is situated outside of a flood zone. Located just minutes from US 19, this home has quick access to major commuting routes, shopping, dining, and the vibrant downtown district, making it highly desirable for both homeowners and tenants. Schedule your private showing today!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Fence, Private Yard, RV Hookup
Flooring: Ceramic Tile, Luxury Vinyl
Living Area: 2518.00
Roof: Shingle
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Driveway, Off Street, RV Access/Parking
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, 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: 2025
Rental Information
Tenant Pays: Electricity, Water
Other Features
Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
Country: US
Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
Legal Description: CRAFTS SUBDIVISION UNIT 4 PB 2 PG 44 LOT 3 & EAST 1/2 OF LOT 4 BLOCK 1
PRICE IMPROVEMENT!! Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $45k a year!! HOT NEW PORT RICHEY LOCATION with huge
**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 bath
Attention Investors! Don't miss this rare and unique opportunity to purchase 2 side by side block duplexes to give you a total of 4 rental units situated on 3 lots!!! Each spacious 1 bed, 1 bath unit
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