5117 Mallett Drive, Port Richey, FL 34668

Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
5117 Mallett Drive,Port Richey, FL 34668
$429,900
Virtual Tour
  • 5 Beds
  • 4 Baths
  • 1,928 sq. ft.
  • Multi-family
  • Active
Listed by: wendy hoffmann
Office: era american suncoast realty
MLS#:TB8405807
Source:MFRMLS

Price summary

  • Price:$429,900
  • Price per sq. ft.:$222.98

About this home

Great Investment Opportunity! INSTANT INCOME! 2 UNITS RENTED, FURNISHED STUDIO IS AVAILABLE! - Currently bringing in $37,200K annually in rent for 2 of the units! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing with 50% down! The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner’s suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! - UNIT 1 IS CURRENTLY RENTED OUT! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile

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Home facts

  • Year built:1968
  • Listing ID #:TB8405807
  • Added:183 day(s) ago
  • Updated:January 11, 2026 at 01:26 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Living area:1,928 sq. ft.

Heating and cooling

  • Cooling:Mini-Split Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1968
  • Building area:1,928 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$429,900
  • Price per sq. ft.:$222.98
  • Tax amount:$4,714 (2024)
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