5117 Mallett Drive, Port Richey, FL 34668
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by:wendy hoffmann
Office:era american suncoast realty
MLS#:TB8405807
Source:MFRMLS
Price summary
- Price:$435,000
- Price per sq. ft.:$225.62
About this home
Great Investment Opportunity! FULLY RENTED - Currently bringing in $48K annually in rent! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing! 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! - UNITS 1&2 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 bathrooms, paint inside/out & new roof (2020). Plus, there is a storage room. Whether you're looking to expand your rental portfolio, live on-site and rent the rest, or house multiple generations, this property offers endless possibilities. Located in an ideal location, walk to Whiskey River on the water, plus there are other nearby restaurants such as Hooters & Crab Shack. Marinas, shopping & local boating hotspots such as Anclote Key & the Sandbar make it even more appealing! Schedule your showing today!
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Home facts
- Year built:1968
- Listing ID #:TB8405807
- Added:79 day(s) ago
- Updated:September 29, 2025 at 11:49 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Living area:1,928 sq. ft.
Heating and cooling
- Cooling:Ductless
- 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:$435,000
- Price per sq. ft.:$225.62
- Tax amount:$4,714 (2024)
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