Overview
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About this home
MLS #TB8532818 is a 1971-built home in Vensetta Park, New Port Richey. Inside you'll find 5 bedrooms, 4 bathrooms, and 1,264 square feet of living space. Listed at $199,000 (about $157/sqft), 62 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Investor Opportunity! Cash Flow property in New Port Richey Florida. Two separate homes with two addresses on one parcel. Strong rental demand area. Established rental income already in place. No HOA fees NO LOT rent. Low annual taxes and low overhead expenses. City water with septic system. Separate electric meters. Long-term investment potential. Affordable housing market continues to grow in Pasco County. Hard-to-find multi unit set up not easily duplicated today. Excellent opportunity for investor, cash-flower buyer, or owner, investor. Property includes: 3 bedroom/ 2 bath mobile home plus 2 bed 2 bath mobile , one tax parcel with 2 income producing units. 5820 and 5824 OLIVE DR New Port Richey, FL owned land, no lot rent! 2 separate tenants in place. Clean updated interiors, washer/dryers stable tenants, large parking area.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Market insights
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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
$199,000
$157 per sq ft
Beds and baths
5 beds, 4 baths
Size
1,264 sq ft
Time on market
62 days
Year built
1971
Monthly payment
About $1,225/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,051 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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