507 W BAKER ST, PLANT CITY, FL, 33563
$450,000
Residential Income
|
Bedrooms
7
|
Bathrooms
5
|
Living Area
1,882 Sqft
|
Lot Size
17,850 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8350263 | Year Built: | 1948 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Wood Frame | |
| Cooling: | Wall/Window Unit(s) | Country: | US | |
| Disclosures: | Lead Paint | Exterior Features: | Sidewalk | |
| Financial Data Source: | Owner | Foundation Details: | Slab | |
| Heating: | Wall Units / Window Unit | Laundry Features: | None | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Vacant | Patio And Porch Features: | Front Porch | |
| Property Sub Type: | Quadruplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt, Concrete | Roof: | Metal | |
| Sewer: | Public Sewer | Showing Requirements: | Do Not Contact Tenants, Other, See Remarks | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Cable Connected, Electricity Available, Electricity Connected | |
| Water Source: | Public | |||
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