5318, 5320, 5324 Cedar Lane, New Port Richey, FL 34652

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Sold Price
$450,000
List Price
$495,000
Status
Sold
Days on Market
86
Closing Date
Jun 24, 2026
MLS#
W7883374
Property Style
Triplex
Year Built
1979
Living Area
1,960
Lot Size
9,687
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
New Port Richey Estates
MLS Area Major
New Port Richey

Property Description

**PRICE IMPROVEMENT** Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.

Additional Information

Taxes
$3937
Annual Gross Income
48600
Community Features
No Deed Restriction
Zoning
R1
Interior Layout
Thermostat
Interior Features
Thermostat
Utilities
Electricity Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Fence, Lighting
Roof
Shingle
Foundation
Block
Pool
No Pool
Flood Zone Code
AE
Parcel ID
32-25-16-0250-00D00-0120
Legal Description
NEW PORT RICHEY ESTATES PB 3 PG 79 BLOCK D LOTS 12 & 13 EXC EAST 25.00 FT OF LOT 13

Listing courtesy of TREASURE HUNTING LLC. 727-478-5685

Selling Office: QUICKSILVER REAL ESTATE GROUP.

Mortgage Calculator

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Calculator source: Real Geeks

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