5611 & 5629 James St, New Port Richey, FL 34652

4 Triplexes • 12 Units • 880 SF Detached Garage • 2 Parcels

Deal Snapshot

  • Offering Price: $1,475,000
  • Year Built: 1970
  • Construction: Block
  • Zoning: MF2 Multifamily
  • Flood Zone: X (no flood insurance required)

Recent Upgrades (2025)

  • Brand new roofs
  • Updated electrical panels
  • New exterior paint
  • Mini-split AC units in all units
  • Improvements significantly reduce future capital expenditures

Highlights 

  • Two vacant units ready for immediate lease-up at market rents.
  • Lot Sizes: 5611 = 22,500 SF | 5629 = 18,761 SF Total= 0.94 ACRE

Unit Mix

  • 3 × 2BR/1BA – Rent Range: $1,500
  • 6 × 1BR/1BA (Large) – Rent Range: $1,350 – $1,550
  • 3 × 1BR/1BA (Small) – Rent Range: $1,200

Book an Expert

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Looking for PM? Book with Jay

Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.