NEW PORT RICHEY, FL 34652 5318, 5320, 5324 CEDAR LANE
$539,000
27 more
Presented By: TREASURE HUNTING LLC with 727-478-5685. - 727-478-5685
SQFT • 1,960
Home Details
**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.
Presented By: TREASURE HUNTING LLC with 727-478-5685. - 727-478-5685
Interior Features for 5318, 5320, 5324 CEDAR LANE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesThermostat
Laundry FeaturesLaundry Room
General for 5318, 5320, 5324 CEDAR LANE
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityNEW PORT RICHEY
Construction MaterialsBlock
CoolingCentral Air
CountyPasco
DirectionsFrom US Highway 19, turn directly onto Cedar Lane and continue to property on right hand side.
Flood Zone CodeAE
Garage Y/NNo
Gross Income48600
HeatingCentral
Land Lease Y/NNo
Legal DescriptionNEW PORT RICHEY ESTATES PB 3 PG 79 BLOCK D LOTS 12 & 13 EXC EAST 25.00 FT OF LOT 13
Living Area UnitsSquare Feet
Lot Size Square Feet9687
Lot Size UnitsSquare Feet
MLS Area34652 - New Port Richey
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeTriplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNEW PORT RICHEY ESTATES
Tax Annual Amount3937.84
Tax Lot13
Tax Year2025
Total Actual Rent4050
UtilitiesElectricity Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1979
ZoningR1
Exterior for 5318, 5320, 5324 CEDAR LANE
Exterior AmenitiesFenced, Lighting
Foundation DetailsBlock
Lot Size Acres0.22
Lot Size Area9687
Number of Buildings1
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Steven Silcock
Broker Owner