Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
3,045
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Ductless
-
Pet friendly
No
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.25
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$529,900
-
Tax Amount
4368.0
-
Sq. Footage
3, 045
-
Price/SqFt
$174
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Ownership
Sole Proprietor
-
Sewer
Septic Needed
-
Tax Lot
1
-
Water Source
Public
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Location
County
Hillsborough
Elementary School
Middle School
High School
Listing Courtesy of Mike Griffin , GRIFFIN EXECUTIVE REALTY
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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