5800 & 5802 Tennessee Ave New Port Richey FL 34652 MLS W7868919

$398,000

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Home Description: 5800 & 5802 Tennessee Ave

Two dwellings on one lot. Discover a rare and exciting opportunity in the heart of New Port Richey! This fully renovated, dual-dwelling property sits on a generous 0.25-acre lot, offering endless potential for multi-generational living or as an income-generating investment. The main house features 3 bedrooms, 1 full bath, a 1-car garage equipped with a brand-new mini split A/C, and an enormous backyard with endless customization potential. Whether you dream of a sparkling pool, a custom playground, or an outdoor entertainment space, this expansive yard offers the perfect canvas to create your private oasis. Both homes have recently undergone roof replacements in 2024 and withstood Hurricane Helene and Hurricane Milton with no damage, offering complete peace of mind. The second dwelling is a charming 649-square-foot cottage with 1 bedroom, 1 full bath, a cozy living room, full size kitchen, laundry area and a built in security system. The cottage's design and renovation is consistent with the main house. This cottage, grandfathered in on the lot and registered with the city of New Port Richey, has its own private entrance and parking on Sunshine Alley, providing complete privacy. It is currently rented for $1,850 until November 4. This property offers flexibility for investors or those seeking extra space for family. Use the main house as your primary residence while continuing to rent the cottage, or have the cottage as a guesthouse for in-laws. Both homes feature updated tile floors, modern kitchens, elegant interior doors, and ceiling fans throughout. Located just a short 3-minute golf cart ride or 20-minute stroll from vibrant downtown New Port Richey, you’ll enjoy access to fine restaurants, trendy bars, boutique shopping, and cultural hotspots. Sims Park, with its scenic waterfront views and year-round events, is a local highlight. The revitalized downtown area is attracting new visitors and residents, making it a great time to invest. Additionally, you're close to Gulf Coast beaches and the New Port Richey Recreation & Aquatic Center. Whether you’re looking for a family home with extra space or a fantastic investment opportunity, this dual-dwelling property offers endless possibilities. Don’t miss your chance to own this gem in a rapidly growing community!