5622-5640 Missouri Ave
- 8-Unit Multifamily/ 4 Buildings W/ 2-Units Each
- 100% Occupied W/ Annual Leases
- Rent Roll $133,080
- 0.52 Acres in Downtown New Port Richey
- New Roof 2025
- 6x Units 1BR/1Bath/ 2x Units 2BR/1Bath
- Zoned MF-2
Property Description
Well-maintained 8-unit multifamily property located in the heart of downtown New Port Richey. The asset consists of four separate 2-unit buildings situated on an oversized lot, offering strong in-place income with long-term upside. The property is 100% occupied with stable annual leases in place. Recent improvements include new roofs (2025) and fresh exterior paint (2025), with many units already updated. Several units remain below market rents, providing a clear path for future income growth. Current gross rents are $133,080 annually. Ideally positioned just minutes from the vibrant downtown corridor, riverfront, parks, restaurants, and retail, making this an attractive option for both tenants and investors. Seller financing available!
Broker Details
Berkshire Hathaway HomeServices of America Florida Properties Group 727-456-7958
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,645,900 |
| No. of Units: | 8 |
| Year Built: | 1979 |
| Lot Size: | 0.52 Acres |
| Opportunity Zone: | No |
| Price per unit: | $205,738 |
| Property Website | Click Here |
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