Amazing investment opportunity to own 6 units right in the heart of New Port Richey only minutes away from Sims Park and steps from the Cotee River! This property features 3 buildings with 2 units in each. All units are virtually identical in layout being 2 bedrooms and 1 full bath. Each unit has a private back porch with their own utility rooms with washer/dryer hookups. All 6 units are currently rented! Don't miss out on a great chance at increasing your income with this rental complex featuring strong CAP rates! Annual net income does not include professional management which is willing to stay on with new owners, property taxes or insurance.
Sold for $879,000
Street View
$879,000
5622 Ohio Ave, New Port Richey, FL 34652
--beds
0baths
5,130sqft
Multi-Family
Built in 1972
-- sqft lot
$1,069,500 Zestimate®
$171/sqft
$1,595 Estimated rent
Home value
$1,069,500
$877,000 - $1.30M
$1,595/mo
Zestimate® history
Owner options
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$1,595/mo
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$1,595/mo
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$5,997/mo
Est. payment
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$5,997/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Interior area
- Total interior livable area: 5,130 sqft
Property
Lot
- Size: 0.57 Acres
Details
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public
Community & HOA
Community
- Subdivision: NEW PORT RICHEY CITY
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $171/sqft
- Annual tax amount: $7,719
- Lease term: 12 Months
- Tenant pays: Electricity, Water, Sewer, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $879,000+131.6%$171/sqft |
Source: Public Record Report a problem | ||
| 5/23/2014 | Listing removed | $379,500$74/sqft |
Source: FLORIDA HELLENIC REALTY #U7606959 Report a problem | ||
| 5/22/2014 | Pending sale | $379,500$74/sqft |
Source: FLORIDA HELLENIC REALTY #U7606959 Report a problem | ||
| 5/22/2014 | Listed for sale | $379,500-4.9%$74/sqft |
Source: FLORIDA HELLENIC REALTY #U7606959 Report a problem | ||
| 11/21/2013 | Listing removed | $399,000$78/sqft |
Source: Prudential Tropical Realty #W7530188 Report a problem | ||
| 5/30/2013 | Listed for sale | $399,000$78/sqft |
Source: Prudential Tropical Realty #W7530188 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Sims Grant
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Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,069,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,069,500
- Florida
- Pasco County
- New Port Richey
- 34652
- Sims Grant
- 5622 Ohio Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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