Listing Details for MLS # TB8330570
4549 Ontario Drive, New Port Richey, Fl 34652

Residential Property - Single Family Residence in New Port Richey

Listing Price: $190,000Days on Market: 22

Description of Property

Attention INVESTORS, CONTRACTORS, ENTREPRENEURS, and DIY ENTHUSIASTS! Unlock the potential of this prime investment opportunity located in the highly sought-after Beacon Woods Golf and Country Club community in the heart of New Port Richey. This property is perfect for those looking to build sweat equity and capitalize on a REHAB project with incredible upside! Originally designed as a 3-bedroom, 2-bath home, this property has been converted into a 2-bedroom, 1-bath residence with two additional efficiency units, offering excellent income-producing potential. With thoughtful repairs and updates, this home presents a unique opportunity to significantly increase its value while maximizing your return on investment. Key Highlights: • Flexible Layout: The main living area seamlessly connects the living room, kitchen, and family room. The family room can be easily reimagined into a third or fourth bedroom, providing added flexibility for potential rental income or personalization. • Income Potential: Two additional efficiencies on the property offer an excellent opportunity for rental income, making this home a versatile option for investors. • Rehab Opportunity: Ideal for investors, contractors or DIY homeowners ready to roll up their sleeves and transform this property into a hidden gem. • Flood Impact: This home was previously impacted by flooding and is being sold AS-IS, making it an attractive opportunity to add value through renovations and upgrades. Why This Property? Perfect for seasoned investors seeking their next project or first-time buyers looking for a rewarding renovation opportunity. Whether you're looking to optimize the layout for maximum income potential or create a beautiful family home, this property serves as a blank slate for your vision and design creativity. Don’t miss out on this high-potential investment! Schedule your viewing today and seize the opportunity to turn this fixer-upper into a profitable success story. Act quickly—opportunities like this don’t last long! *Water heater 2019, AC 2016 and Roof 2012*The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $431,485. This single family residence is listed at about 44% of the average asking price. There are 21 3 bedroom/2 bath homes between $100,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »