501 W BAKER ST, PLANT CITY, FL, 33563
$639,000
Residential Income
Bedrooms
8
Bathrooms
8
Living Area
3,336 Sqft
Lot Size
22,215 Sqft
Palm Haven Apartments, is a 6-unit multifamily property located in Plant City, Hillsborough County, Florida. Built between 1934 and 1948, the property spans 3,336 square feet across 0.51 acres, offering investors a turnkey asset with recent capital improvements and strong income potential. The unit mix includes 2 two-bedroom, two-bath units, 3 one-bedroom, one-bath units, and a single studio unit, appealing to a wide range of tenant needs. Four out of the six units were completely renovated, featuring updated finishes that enhance their rental appeal. The buildings are constructed with wood frame exterior walls and topped with durable metal roofs. The exterior of the property was recently painted and repaired, and landscaping was redone, providing excellent curb appeal. Additionally, the roofs were pressure washed, contributing to a clean, well-cared-for presentation. Each unit is equipped with window AC units for cost-effective climate control. Utilities include sub-metered electric paid by tenants, while the landlord covers city water, sewer, and trash services, simplifying management. The large lot offers ample parking and green space for residents, making this a truly turnkey investment opportunity.
Property Details
Property Features Property Features
MLS ID: MFRTB8517948 Year Built: 1934
Construction Materials: Frame Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Hillsborough
Exterior Features: None Financial Data Source: Owner
Foundation Details: Slab Heating: Electric, Ductless
Laundry Features: None Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Other Equipment: None
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, Do Not Contact Tenants
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity
Utilities: Electricity Connected, Sewer Connected, Water Connected Water Source: Public
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