5800 & 5808 MADISON ST, NEW PORT RICHEY, FL, 34652
$425,000
Residential Income
Bedrooms
4
Bathrooms
2
Living Area
1,600 Sqft
Lot Size
7,355 Sqft
DUPLEX – Prime Location Near Downtown New Port Richey! This charming 4-bedroom, 2-bathroom duplex with a garage is just a short walk from the highly desirable Downtown New Port Richey. Whether you're looking for an investment property or a place to call home while earning rental income, this is a fantastic opportunity. The property features a brand-new roof installed in May 2024 and updated wall units within the last two years. It has never experienced flooding or storm damage, providing peace of mind for homeowners and investors alike. Both units have identical side-by-side layouts and separate electric meters, ensuring convenience for tenants. The home sits on a spacious corner lot with private driveways for each unit, offering added privacy and accessibility. A garage with newer doors provides extra storage space. One unit has been updated with newer appliances, while the other is currently occupied by a long-term tenant whose lease is up for renewal in August. With its prime location and strong rental potential, this income-generating property won’t last long.
Property Details
Property Features Property Features
MLS ID: MFRW7873987 Year Built: 1969
Appliances: Electric Water Heater, Range, Refrigerator Construction Materials: Block, Stucco
Cooling: Wall/Window Unit(s) Country: US
County Or Parish: Pasco Exterior Features: Sidewalk
Financial Data Source: Owner Flooring: Tile
Foundation Details: Slab Furnished: Unfurnished
Heating: Radiant Ceiling Laundry Features: In Garage
Lease Term: Twelve Months Listing Agreement: Exclusive Right To Sell
Lot Features: Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved Occupant Type: Tenant
Parking Features: Driveway, Garage Door Opener Pets Allowed: Yes
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Duplex Property Type: Residential Income
Road Responsibility: Public Maintained Road Road Surface Type: Paved
Roof: Shingle Security Features: Secured Garage/Parking
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Appointment Only, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Available, Electricity Connected, Public, Water Connected
Water Source: Public
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