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727-415-4982
Real Estate Company
507 W Baker Street, Plant City, FL 33563
- $450,000
- 7
- BD
- 5
- BA
- 1,882
- SqFt
- Sold Price
- $450,000
- List Price
- $450,000
- Status
- Sold
- Days on Market
- 8
- Closing Date
- Mar 20, 2025
- MLS#
- TB8350263
- Property Style
- Quadruplex
- Year Built
- 1948
- Bedrooms
- 7
- Bathrooms
- 5
- Living Area
- 1,882
- Lot Size
- 17,850
- Acres
- 0.41
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Plant City Rev Map
- MLS Area Major
- Plant City
Property Description
Palm Haven Apartments - This is a Great Investment Opportunity - 6 Units total with 5 Units rented, One unit needs rehab when finished allowing this to be a cash Cow, 2 Parcels, just under 1 acre total property - Incredible Income earning potential - this is a Great Location near downtown Plant City with plenty of road frontage and possible future commercial potential - Low Vacancy historically - Newer Metal Roof - lots of extra parking. it has been zoned residential for lower taxes, Operates approximately 16% PLUS with a return on investment on standard investment loan, with the potential of generating more income when the last unit is rehabbed. . 1-efficiency- needs rehab then there are studio units, 2 -1 bedroom/1 bath units, 1 2 bedroom/2 bath, 2 - 2 bedroom/2 bath. Rent includes electric and water for all tenants, on city water, sewer and dumpster service for trash. For more financial information, please have pre-approval or bank statement submitted. Contact us for more info, these are a good investment and wont last long.
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Additional Information
- Taxes
- $3805
- Minimum Lease
- No Minimum
- Annual Gross Income
- 67200
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-1
- Interior Layout
- Primary Bedroom Main Floor
- Interior Features
- Primary Bedroom Main Floor
- Appliances
- Range, Refrigerator
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected
- Heating
- Wall Units / Window Unit
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Wood Frame
- Exterior Features
- Sidewalk
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Wilson Elementary School-Hb
- Middle School
- Tomlin-Hb
- High School
- Plant City-HB
- Flood Zone Code
- X
- Parcel ID
- P-29-28-22-5D9-000023-00001.0
- Legal Description
- PLANT CITY REVISED MAP LOT 1 LESS LOT BEG AT NE COR & RUN WLY 40.5 FT SLY 105 FT ELY 40.5 FT AND NLY 105 FT TO BEG AND LOT 2 BLOCK 23
Listing courtesy of MILLENNIAL REALTY & PROPERTY MGMT..
Selling Office: FLORIDA REALTY INVESTMENTS.Mortgage Calculator
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