5204 LIMIT DR, New Port Richey, Florida
5204 LIMIT DR, New Port Richey, Florida 34652 - EXCELLENT INVESTMENT!! This is a perfect opportunity to start earning money right away!! 6 of the 7 units are currently rented with gross income of $41,100 annually with a net of $34,656. 10% Cap Rate. The 6 homes that are occupied were completely remodeled in last year. Located at the corner lot at US 19 and Limit Dr in New Port Richey. Property is on the SW corner of the intersection. The North West corner is currently being rezoned for retail commercial development. Seller currently has rehab permit for the vacant home and plans to rehab and rent it. Price may go up after this unit is completed.
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Listing Courtesy of A TO Z REALTY INC