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5816 CONGRESS STREET UNIT 201,101,102

Multi-family For Sale
$129,500

BTC: 4.31666667

ETH: 64.75000000

60 days
6 bds
985 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Updated condo in the heart of New Port Richey! This unit is one (1) of three (3) available investment properties, all currently rented and producing a combined monthly income of $4,650. An excellent investment opportunity with strong returns — this particular unit rents for $1,550/month, offering a ~14.4% gross cap rate and an estimated ~10.0% net cap rate (based on a 30% expense ratio). Recent appraisal and inspection reports are included in the attachments. This well-maintained 2-bedroom, 2-bath corner unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. Peacefully situated next to a quiet conservation area, this home offers privacy and a serene natural view. Located minutes from beautiful Gulf beaches, shopping, dining, and entertainment, with easy access to Tampa, St. Petersburg, Clearwater, and the airport. The low HOA fee ($302/month) covers water, sewer, and trash. Whether you’re seeking a clean, affordable home or a high-performing, cash-flowing investment — this one checks all the boxes. Cash-only sale.

Location

Florida • NEW PORT RICHEY • 34653 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Common / Off Street
Year Built:
2004
Lot:
1.83 Acres
Heating:
Electric
Price/sqft:
$131
Cooling:
Central Air
HOA:
$302
All facts and features

  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Parking

    • Common

    • Off Street

    Property

    • Levels: One

    • Exterior Features: Lighting / Other / Sidewalk

    Lot

    • Lot: 1.83 Acres

    Other Property Information

    • Parcel Number: 162609022.000B.00201.0

    • Zoning: MF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $302

    • HOA Frequency: Monthly

    • Annual tax amount: $2,216

  • Source details

    • MLS ID: TB8435104

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Living Area: 985

    • Water Source: Public

    • Subdivision Name: GLEN CREST CONDO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LIFES A BEACH REAL ESTATE