NOT LISTED FOR SALE

5048 South Rd New Port Richey, FL 34652

New Port Richey West Neighborhood
-- Bed
1 Bath
2,753 Sq Ft
0.34 Acres

Last Sold October 09, 2020

Last sale price $295,000 $107 Per Sq Ft

31 Days on Market

Highlights

  • 0.34 Acre Lot
  • Front Porch
  • Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of October 2020

This is your chance to Own this structurally sound 4 unit Rental Property, Fully Occupied with long term tenants on yearly leases and start generating immediate income! Conveniently located in a secluded area among mostly single family homes with easy access to Highway 19, shopping centers, Restaurants, Businesses and Downtown. Coin operated Laundry Room, plenty of parking spaces, Very low maintenance expense, over 10% cap Rate with possibility for more makes this an ideal investment. The City of New Port Richey presents an excellent opportunity, with affordable home prices. Prime for individuals/ Investors looking for great deals in a community that offers culture, great shopping, beaches with a small town feel. Call today and make this yours!

Last Agent to Sell the Property

Feven Abraham

REDFIN CORPORATION License #3270007 Listed on: 08/22/2020

REDFIN CORPORATION

Last Buyer's Agent

Susan McGowan

FUTURE HOME REALTY INC License #3155686

FUTURE HOME REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1956

Lot Details

  • 0.34

Parking

  • Common or Shared Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,753 Sq Ft Home
  • Tile Flooring
  • Laundry Located Outside

Kitchen

  • Range
  • Microwave

Schools

  • Richey Elementary School
  • Hudson Middle School
  • Gulf High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Additional Features

  • Front Porch
  • 0.34 Acre Lot

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 22 / 82616
  • Assessor Parcel Number 08-26-16-0010-02200-0010

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Oceanus Apartments Condos
  • Tampa Tarpon Spgs Land Co Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $41,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2753
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1956
  • Lot Size Sq Ft: 15000
  • Tenant Pays: Electricity, Water
  • Directions to Property: From US 19 and Main St, go to south. South Rd is the first street on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8095360?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8095360?w=Customer
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93651
  • Price per Sq Ft: 107.16
  • Close to Original List Price Ratio: 0.98662
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 5048
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0351F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Outside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: OCEANUS APARTMENTS
  • Association Approval Required YN: No

Schools

  • Elementary School: Richey Elementary-PO
  • High School: Gulf High-PO
  • Middle Or Junior School: Hudson Middle-PO

Lot Info

  • Zoning: R1MH
  • Parcel Number: 08-26-16-0010-02200-0010
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-09-26

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 41090
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2310
  • Tax Block: 82616
  • Tax Book Number: 1-68-70
  • Tax Lot: 22

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $295,000 -6.3% $107 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $315,000 0.0% $114 / Sq Ft
09/14/2020 09/14/20 For Sale $315,000 +5.4% $114 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $299,000 -- $109 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Susan McGowan

    Buyer's Agent in 2020

    Susan McGowan

    FUTURE HOME REALTY INC

    (813) 484-8655

    1 in this area

    67 Total Sales

    Susan McGowan
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Map

Source: Stellar MLS

MLS Number: U8095360

Stellar MLS

APN: 08-26-16-0010-02200-0010

Florida Pasco County New Port Richey 34652 New Port Richey West

5048 South Rd, New Port Richey, FL

This home is located at 5048 South Rd, New Port Richey, FL 34652 since 22 August 2020. This property was built in 1956. 5048 South Rd is a home located in Pasco County with nearby schools including Richey Elementary School, Gulf Middle School, and Gulf High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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