PLANT CITY REV MAP, PLANT CITY, FL, 33563
$529,900
Commercial Sale
Living Area
3,045 Sqft
Lot Size
11,025 Sqft
Investor opportunity in downtown Plant City! This 5-unit residential rental property produces a gross annual income of $52,800 with long-term tenants and under-market rents offering strong upside potential. The property sits on a ¼-acre corner lot and features 3,045 sq. ft. of living area with a mixture of unit sizes, each with its own private entrance.All units are equipped with AC wall units and natural gas stoves, keeping utilities low. Additional highlights include a large garage/storage area, low property taxes, and a convenient location just minutes from I-4 and close to shopping and restaurants. The property is not located in a flood zone.Cap rate approximately 8%. Interior photos available upon request.Please do not disturb tenants.
Property Details
Property Features Property Features
MLS ID: MFRTB8438674 Year Built: 1922
Appliances: Refrigerator Construction Materials: Frame
Cooling: Wall/Window Unit(s) Country: US
County Or Parish: Hillsborough Direction Faces: North
Electric: 200+ Amp Service Flooring: Carpet, Laminate, Linoleum
Foundation Details: Crawlspace Heating: Natural Gas, Ductless
Levels: Two Listing Agreement: Exclusive Agency
Listing Terms: Cash Lot Features: Fire Hydrant, City Limits, Street Lights
Occupant Type: Tenant Other Structures: Garage(s), Storage
Pets Allowed: No Possession: Close Of Escrow
Property Sub Type: Multi Family Property Type: Commercial Sale
Road Frontage Type: Divided Highway Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Roof: Shingle
Sewer: Septic Needed Showing Requirements: See Remarks, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Capable, Water Connected
Vegetation: Trees/Landscaped Water Source: Public
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