5716 KENWOOD AVE, NEW PORT RICHEY, FL, 34652
$165,000
Residential Income
Bedrooms
2
Bathrooms
2
Living Area
1,027 Sqft
Lot Size
9,114 Sqft
Don’t miss this rare investment opportunity in the heart of downtown New Port Richey. This well-maintained duplex features two separate units, each with private entrances, individual driveways, and updated interiors, offering strong rental income with future upside. The roof was replaced in 2018, and the entire exterior was freshly painted in 2024. Unit 5718 features a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room. It currently functions as a large studio but can easily be converted into a one-bedroom layout. Tenant in place paying $1,000/month. Unit 5716 is a cozy studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenant in place paying $900/month. Shared amenities include an exterior laundry area with washer and dryer (not coin-operated) and a large fenced yard. Both units have never experienced interior flooding. Tenants are on month-to-month leases, providing flexibility for future rental increases, repositioning, or redevelopment. Current gross annual rental income is $22,800. The property is ideally located just steps from downtown New Port Richey’s shops, restaurants, Sims Park, local festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away. This income-producing property offers immediate cash flow with long-term potential in one of Pasco County’s most walkable and desirable areas. Schedule your private showing today.
Property Details
Property Features Property Features
MLS ID: MFRTB8390381 Year Built: 1948
Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer Construction Materials: Block, Frame
Cooling: Central Air Country: US
County Or Parish: Pasco Exterior Features: Fence
Fireplace Features: Wood Burning Flooring: Luxury Vinyl
Foundation Details: Block, Crawlspace Heating: Central
Laundry Features: Common Area, Laundry Room Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Lot Features: Corner Lot, Sidewalk, Paved
Patio And Porch Features: Front Porch, Rear Porch Property Sub Type: Duplex
Property Type: Residential Income Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public Water Source: Public
Window Features: ENERGY STAR Qualified Windows
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