5318, 5320, 5324 CEDAR LANE

$495,000

$253/sq ft

$55,000
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Overview

Year Built

1979

Sqft

1960

Property Type

Triplex

Property Description

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.

Property Details

MLS#

W7883374

Address

5318, 5320, 5324 CEDAR

City

New Port Richey

State/county

FL

Zip/Postal Code

34652

Area

New Port Richey Estates

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,937

Maint Fee

$--

Tax Year

2025

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Boris Gelfand