6342 Lambert Ln., New Port Richey, FL 34652

One duplex and one triplex for a total of five 2 bedroom, one bath units. Appliances (range and refrigerator) in each unit. Fully rented (average rent $625.00) with security deposits. Annual leases required with month to month thereafter. Tenants responsible for electric and water/sewer. Off street parking. New shingled roof 2006. Block/Stucco storage building (10X20) at rear of property that was previously set up for coin operated washer/dryer. Now being used as storage building for tenants. Current market conditions indicate similar rentals demand $695.00 to $725.00 monthly, which could generate an additional 4,200.00 to $6,000.00 annually. Coupled with an estimated real estate inflation rate at 8% for the Tampa area makes this a great investment opportunity.