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5318 Cedar Ln

New Port Richey FL 34652

1960 sq. ft.
9687 sq. ft.
Duplex
Currently for sale - view listing

Overview

Under contract-accepting backup offers. **PRICE IMPROVEMENT** Investor’s 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.

Features

1960 sq. ft. floor area
9687 sq. ft. lot size
Duplex

Property history for 5318 Cedar Ln

2019
Sold
$205,000
25 Jul 2019 by Jeremy Kloter, of OUT FAST REALTY & INVESTMENTS
2017
Sold
$149,000
14 Sep 2017 by Nellie Bloom Bennetti

Happy sellers in New Port Richey

85%
85% of sellers in New Port Richey reported that their sale price either exceeded or met their price expectations.

New Port Richey stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in New Port Richey over the last 12 months.

Local market activity for duplexes in New Port Richey

In the last 12 months, 1 duplex similar to 5318 Cedar Ln, have been sold.

This represents a 86% increase in duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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