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Tampa Home Hunters
Tampa Home Hunters
RE/MAX Realty Unlimited
Brandon, FL 33511

813-624-3352
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Listing 11 out of 171
$499,000 For Sale

507 W Baker Street
Plant City, FL 33563

6 units | Multi Family Home
17860 sq ft - MLS# T3156265
Property Photo
1/27

Description

Palm Haven Apartments - Great Investment Opportunity - 6 Units, 2 Parcels, just under 1 acre total property - Incredible Income potential - Great Location near downtown Plant City with lots of road frontage and future commercial potential - Minimal Vacancy historically - New Metal Roof - extra parking. Zoned residential for lower taxes, $2402 combined/year. Operates approximately 16% return on investment on standard investment loan, 10% return on cash investment with current operation process - potential of generating more income. 1-efficiency studio units, 2 -1 bedroom/1 bath units, 1 2 bedroom/2 bath, 2 - 2 bedroom/2 bath. These are older , need a little cosmetic work but also 100% occupied currently in current condition. 2 units have been completely remodeled within last 12 months. 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. Serious inquiries only for private tours to minimize tenant disruption. Contact us for more info, these are a good investment and wont last long.

Features

  • Property Type: Multi Family Home
  • Sub Type: Quadruplex
  • Listing Status: Active
  • County/Area: Hillsborough County
  • Zip Code: 33563
  • Year Built: 1948
  • Subdivision/Neighborhood: Plant City Rev Map
  • Elementary School: Wilson Elementary School-HB
  • Middle School: Tomlin-HB
  • High School: Plant City-HB
  • Sq.Ft.: 1,882 sq ft
  • Style: Quadruplex (Multi-Family)
  • Stories: One
  • Units: 6 units
  • Lot Size: 17860 sq ft
  • Zoning: R-1
  • Annual Net Income: 48570.00
  • Appliances: Range, Refrigerator
  • Construction Materials: Siding
  • Cooling: Wall/Window Unit(s)
  • Country: US
  • Exterior Features: Sidewalk
  • Gross Income: 68000
  • Heating: Wall Units / Window Unit
  • Interior Features: Master Bedroom Downstairs
  • Lot Dimensions: 1x1
  • Lot Size Square Feet: 17850
  • Minimum Lease: No Minimum
  • Number Of Lots: 2
  • Parcel Number: P-29-28-22-5D9-000023-00001.0
  • Patio And Porch Features: Front Porch
  • Roof: Metal
  • Tax Year: 2018
  • Total Acreage: 1/2 Acre to 1 Acre
  • Total Actual Rent: 5614
  • Total Num Buildings: 2
  • Township: 28
  • Unit Count: 4
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected
Courtesy of Blue Sun Realty

Tampa Home Hunters
RE/MAX Realty Unlimited

2020 W Brandon Blvd Suite 145
Brandon, FL 33511
Phone: 813-624-3352
Email: Vikki@TampaHomeHunters.com

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