Duplex in New Port Richey Under $300k – Good House-Hack or LTR

Quick Summary

Purchase Price
$294,900
Capitalization Rate
5.4%
Cash on Cash Return
0.5%
Total Return on Investment
18.4%

5929 Van Buren Street, New Port Richey, FL 34653

2 beds
2 baths
1,540 sqft
  • This Duplex would work well as a LTR or a House-Hack.
  • It is listed at under-market value, so this would be a good opportunity to build equity.
  • Short distance to downtown, restaurants, bars, entertainment venues, boat ramp, shopping, park and aquatic center.
  • Duplex consists of one-bedroom, one-bath units. Each unit has inside laundry rooms.
  • Roof was replaced in 2019.
  • X-zone, so no flood insurance required.
  • Both units are occupied.
  • Seller has never occupied the property and is being sold in “as-is” condition.
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