6 Beds
6 Baths
985 SqFt
6 Beds
6 Baths
985 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 985 sqft
Price per Sqft $131
Subdivision Glen Crest Condo
MLS Listing ID TB8435104
Bedrooms 6
Condo Fees $302
HOA Fees $302/mo
HOA Y/N Yes
Annual Recurring Fee 7248.0
Year Built 2004
Annual Tax Amount $2,216
Lot Size 1.830 Acres
Acres 1.83
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
producing a combined monthly income of $4,650. An excellent investment opportunity with strong returns — this particular unit rents for
$1,550/month, offering a ~14.4% gross cap rate and an estimated ~10.0% net cap rate (based on a 30% expense ratio). Recent appraisal and
inspection reports are included in the attachments. This well-maintained 2-bedroom, 2-bath corner unit features a spacious open living area,
large kitchen, generous bedrooms, in-unit laundry, and extra storage space. Peacefully situated next to a quiet conservation area, this home
offers privacy and a serene natural view. Located minutes from beautiful Gulf beaches, shopping, dining, and entertainment, with easy access to
Tampa, St. Petersburg, Clearwater, and the airport. The low HOA fee ($302/month) covers water, sewer, and trash. Whether you're seeking a
clean, affordable home or a high-performing, cash-flowing investment — this one checks all the boxes. Cash-only sale.
Location
State FL
County Pasco
Community Glen Crest Condo
Area 34653 - New Port Richey
Zoning MF1
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate
Furnishings Unfurnished
Fireplace false
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Lighting, Other, Sidewalk
Parking Features Common, Off Street
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Amenities Available Other
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Cotee River Elementary-Po
Middle Schools Gulf Middle-Po
High Schools Gulf High-Po
Others
Pets Allowed Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $604
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Num of Pet 2
Special Listing Condition None
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