5642 CONGRESS ST, NEW PORT RICHEY, FL, 34653
$49,000
Residential
Bedrooms
2
Bathrooms
2
Living Area
1,144 Sqft
Lot Size
6,110 Sqft
Investor Special on the water! This 2-bedroom, 2-bath mobile home sits on a canal leading directly to the Cottee River and offers an incredible opportunity for cash buyers looking to maximize return on investment. Located just minutes from downtown New Port Richey. Rental demand in this area is strong, and with the right vision this home could pay for itself in as little as two years, then continue generating steady passive income well into the future. The home features a spacious layout and a beautiful kitchen, but it has sustained flood damage with water reaching floor level. The flooringand water vapor barrier will need to be replaced, and it is recommended that the electrical system be inspected. Buyers should also consult with the city on the required permitting process and compliance steps for renovation. Sold strictly as-is and available to cash buyers only, this property is a rare chance to secure affordable waterfront real estate in a high-demand rental market. With restoration, it could easily be transformed into a profitable long-term rental, a lucrative short-term investment, or your own private waterfront retreat. Schedule your showing today and explore the potential of this income-producing property.
Property Details
Property Features Property Features
MLS ID: MFRW7873807 Year Built: 1987
Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Refrigerator Body Type: Single Wide
Community Features: None Construction Materials: Metal Frame
Cooling: Central Air Country: US
County Or Parish: Pasco Direction Faces: West
Exterior Features: Private Mailbox Flooring: Laminate
Foundation Details: Crawlspace Heating: Central
Laundry Features: Other Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash
Lot Features: FloodZone, City Limits, Paved Occupant Type: Owner
Parking Features: Covered, Driveway Property Sub Type: Mobile Home
Property Type: Residential Road Surface Type: Asphalt
Roof: Built-Up Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Lock Box Electronic-CBS Code Required, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected Water Source: Public
Waterfront Features: Canal - Brackish
Rooms Rooms
Kitchen: 9x10 ft Living Room: 12x15 ft
Primary Bedroom: 12x12 ft
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