5511 CHEYENNE DRIVE

Attention investors - no flood zone or HOA to worry about! This excellent fully leased triplex is the ideal addition to your portfolio. Unit 5511 will be vacated in February and is perfect for a house hacker wanting some rental income! Situated outside of flood zones and with no hurricane damage, this property offers peace of mind and dependable income potential. All units are on HVAC, individually metered for power, and has their own laundry! The exterior boasts a newly repaved driveway (2024), new privacy fencing (2024) and one brand-new HVAC system (2024), reflecting pride of ownership and recent exterior updates such as new roof (2021) and new exterior paint (2023). Inside, you'll find two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, all serviced by public utilities. Located in a highly desirable central area, this property is close to the famous Sponge Docks of Pinellas County, Historic Downtown New Port Richey, and just a short drive to Tampa (under 30 minutes). With US-19 nearby, tenants enjoy convenient access to transportation, shopping, and entertainment. This sought-after location ensures consistent demand in the rental market, making it a sound investment opportunity. Property also shows potential as a Padsplit as an alternate rental strategy. Don’t miss out on this income-generating property!