6202 Delaware Ave., New Port Richey, FL 34653

Four buildings. Two duplexes and two triplexes for a total of ten two bedroom one bath apartments. Off street parking. Good cash flow. Fully rented. Annual leases required with month to month thereafter. Rents average $650.00 per unit. All units have security deposits. Roof replaced in 2007 with 30 yr three dimensional shingles. Located in residential neighborhood with mixed multi family and single family homes. Alley off rear of property for additional parking for center units. Current market conditions indicate similar rentals demand $695.00 to $725.00 monthly, which could generate an additional $5,400.00 to $9,000.00 annually. Coupled with an estimated real estate inflation rate at 8% for the Tampa area for 2017 makes this a great investment opportunity.