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About this home
5716 Kenwood Ave is a 1948-built home in Kinney Sub, New Port Richey. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,027 square feet of living space. Listed at $165,000 (about $161/sqft), 502 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Don’t miss this rare investment opportunity in the heart of downtown New Port Richey. This well-maintained duplex features two separate units, each with private entrances, individual driveways, and updated interiors, offering strong rental income with future upside. The roof was replaced in 2018, and the entire exterior was freshly painted in 2024. Unit 5718 features a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room. It currently functions as a large studio but can easily be converted into a one-bedroom layout. Tenant in place paying $1,000/month. Unit 5716 is a cozy studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenant in place paying $900/month. Shared amenities include an exterior laundry area with washer and dryer (not coin-operated) and a large fenced yard. Both units have never experienced interior flooding. Tenants are on month-to-month leases, providing flexibility for future rental increases, repositioning, or redevelopment. Current gross annual rental income is $22,800. The property is ideally located just steps from downtown New Port Richey’s shops, restaurants, Sims Park, local festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away. This income-producing property offers immediate cash flow with long-term potential in one of Pasco County’s most walkable and desirable areas. Schedule your private showing today.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$165,000
$161 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,027 sq ft
Time on market
502 days
Year built
1948
Monthly payment
About $1,233/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,472 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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