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. All NEW duct work in every unit 2024, new AC systems in unit 5626 (2021) & unit 5628 (2020), all units serviced annually.
Sold for $879,000 on 02/22/25
$879,000
5622-5632 Ohio Ave, New Pt Richey, FL 34652
2beds
1baths
5,130sqft
Multi Family
Built in 1972
-- sqft lot
$856,800 Zestimate®
$171/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2025 at 01:49pm
Listing Provided by:
Jason Webb 813-365-7048,
NJS REALTY PLLC 813-365-7048
Bought with:
John Brokalakis, 3073425
FUTURE HOME REALTY
Source: Stellar MLS,MLS#: W7872132
Originating MLS: West Pasco

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
- Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
- Has fireplace: No
Interior area
- Total interior livable area: 5,130 sqft
Property
Features
- Exterior features: Lighting, Private Mailbox, Storage
Lot
- Size: 0.57 Acres
Details
- Parcel number: 162605003.0037.00001.0
- Zoning: R2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Membrane,Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public
Community & neighborhood
Location
- Region: New Pt Richey
- Subdivision: NEW PORT RICHEY CITY
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Services availability
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Estimated market value
$856,800