Cedar Pointe Community - Chesham Dr, New Port Richey, FL

Property Description

Three fantastic condos already leased with long term tenants $250,000. Totally turnkey, as the owner has done it all. Cedar Pointe is a quiet 55+ community in park-like setting. It is professionally managed and offers tenants a nice quiet place to live. Conveniently located right behind a huge shopping center. The heated community pool and clubhouse offers residents a terrific place to unwind. The owner's motto is, "if it looks bad replace it".... All units have been renovated! Only cats allowed in complex. All tenants are trouble free and always pay on time through Cozy.

All three units together gross: $$32,200. 

After expenses the Net income is approximately $19,000.

Expenses are approximately $13,170 a year on all 3 units and include:
Property taxes for each unit are roughly $800 per year ($2400)
Insurance $500 to $800 per year ($1950)
HOA fee $245 per month each ($8820)

**Please don’t disturb tenants. Showings and inspections can be scheduled after they are under contract.**

6037 Chesham 2/1.5 has new windows, new tile plank floors, new water heater, new refrigerator, new toilets. new washer dryer & new water filter treatment at kitchen sink. Granite counters. A corner unit occupied by a new tenant with plans to live here for a long time. All fixtures and plumbing stainless throughout.  Currently leased for $875 month.

6176 Chesham 2/1.5 has new tile floors & baseboards, lovely new tiled shower in main bath, 2 new bath vanity's- sinks-all stainless throughout. New range, fridge, water heater, granite counters, new fixtures, and lights. Tenants are incredibly happy to stay for a long time!  Currently leased for $835 month.

6177 Chesham 2/1.5 Newer tile floors & baseboards. nicely renovated. New water heater, vanity’s, and toilets. Newer fridge. Tenant now three years into lease and no plans to ever leave.  Currently leased for $875 month.