6921 WASHINGTON STREET

$499,000

$167/sq ft

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Overview

Bedroom

5

Year Built

1947

Sqft

2988

Property Type

Quadruplex

Property Description

Under contract-accepting backup offers. Here is your opportunity to purchase a quadplex, with the possibility of it becoming a 6-plex, in booming New Port Richey. Fantastic location, just a few blocks from Downtown, Simms Park, Orange Lake, and just 1 block from the river. This is a great value add with skyrocketing rental prices in the area. Sitting on a huge 15,000 sqft lot, the front main building has 3 units, with 2 of the larger 1/1 downstairs, and a 2/1 with central air with massive private balcony. The building also houses a storage room, and a utility room complete with washer/dryer hookup. The middle building is an adorable 1/1 detached Bungalow, with the classic wood siding. The back building is a block duplex with identical 1/1 units that is currently non-conforming, but city may approve occupancy. All units have separate electric meters with tenants paying their own electric. There is a 7th electric meter which controls the utility room, and common grounds. There is ample parking for all units and a large yard providing greenspace. This is a great buy and hold, with New Port Richey expanding rapidly, and the influx of capital being poured into downtown and the surrounding area. Do not disturb the tenants for any reason. Seller will respond to all offers same day so easy deal!

Property Details

MLS#

TB8505088

Address

6921 WASHINGTON

City

New Port Richey

State/county

FL

Zip/Postal Code

34652

Area

New Port Richey City

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,972

Maint Fee

$--

Tax Year

2025

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