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Plant City,FL 33563
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,045 sqft
Price per Sqft $174
Subdivision Plant City Rev Map
MLS Listing ID TB8438674
HOA Y/N No
Year Built 1922
Annual Tax Amount $4,368
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 105x105
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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.
Location
State FL
County Hillsborough
Community Plant City Rev Map
Area 33563 - Plant City
Zoning R-1
Interior
Heating Natural Gas,Ductless
Cooling Wall/Window Unit(s)
Flooring Carpet,Laminate,Linoleum
Appliance Refrigerator
Exterior
Utilities Available BB/HS Internet Capable,Water Connected
Roof Type Shingle
Building
Lot Description Fire Hydrant,City Limits,Street Lights
Story 2
Entry Level Two
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Septic Needed
Water Public
Structure Type Frame
New Construction false
Others
Pets Allowed No
Ownership Sole Proprietor
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8438674