5117 Mallett Dr, Port Richey, FL 34668

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 owners 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 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