NOT LISTED FOR SALE

5529 Mallow St New Port Richey, FL 34652

2 Beds
1 Bath
2,304 Sq Ft
8,400 Sq Ft Lot

Last Sold March 19, 2020

Last sale price $222,000 $96 Per Sq Ft

12 Days on Market

Highlights

  • Property is near public transit
  • Central Heating and Cooling System
  • Level Lot
  • No HOA
  • Fenced

About This Home

As of March 2020

Check out this New Port Richey Triplex! Approx 8% cap rate! Located close to shopping and not in a flood zone, this triplex is a money maker! All three units are 2 bedroom, 1 bathroom. The back two units also include washer and dryer hookups! All three units combined currently bring in $2,375 in rent. The two back units are on 12 month leases. The front unit is on a month-to-month lease, which would allow for owner-occupancy if desired!

Last Agent to Sell the Property

Chris Light

NEXTHOME EXCELLENCE License #3341355 Listed on: 02/19/2020

NEXTHOME EXCELLENCE

Last Buyer's Agent

Michael Kachelski

DENNIS REALTY & INV. CORP. License #3313405

DENNIS REALTY & INV. CORP.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1974

Lot Details

  • 8,400 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced
  • Level Lot

Home Design

  • 2,304 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Jackson Heights Subdivision

Building Details

  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2304
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 8400
  • Tenant Pays: Electricity
  • Directions to Property: SR 54 to Grand Blvd, north to Mallow St. Triplex is on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8075483?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8075483?w=Customer
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94468
  • Price per Sq Ft: 96.35
  • Close to Original List Price Ratio: 0.94468
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Street Number Modifier: 5529
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R4
  • Parcel Number: 17-26-16-0010-00000-0030
  • Additional Parcels: No
  • Lot Features: Level, Near Public Transit
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 2375

Multi Family

  • Gross Income: 28500
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2589
  • Tax Block: 0
  • Tax Book Number: 7-35
  • Tax Lot: 3

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
03/19/2020 03/19/20 Sold $222,000 -5.5% $96 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $235,000 +32.0% $102 / Sq Ft
07/25/2018 07/25/18 Sold $178,000 -17.2% $77 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $215,000 -- $93 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Light

    Seller's Agent in 2020

    Chris Light

    NEXTHOME EXCELLENCE

    (727) 600-7000

    1 in this area

    71 Total Sales

    Chris Light
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Kachelski

    DENNIS REALTY & INV. CORP.

    (813) 949-7444

    3 Total Sales

    Michael Kachelski
    Section Image
  • Joseph Santolucito

    Seller's Agent in 2018

    Joseph Santolucito

    KLEIN & HEUCHAN, INC

    (727) 441-9141

    5 Total Sales

    Joseph Santolucito
    Section Image
  • Mindy Vega

    Buyer's Agent in 2018

    Mindy Vega

    LPT REALTY, LLC

    (813) 850-4086

    96 Total Sales

    Mindy Vega
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8075483

Stellar MLS
Florida Pasco County New Port Richey 34652

5529 Mallow St, New Port Richey, FL

This home is located at 5529 Mallow St, New Port Richey, FL 34652 since 19 February 2020. This property was built in 1974. 5529 Mallow St is a home located in Pasco County with nearby schools including Mittye P. Locke Elementary School, Richey Elementary School, and Gulf Middle 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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