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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
Year Built 1922
Annual Tax Amount $4,368
Lot Size 10,890 Sqft
Property Sub-Type Multi Family
New Construction false
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
Exterior
Utilities Available BB/HS Internet Capable,Water Connected
Roof Type Shingle
Building
Lot Description Fire Hydrant,City Limits,Street Lights
Story 2
Foundation Crawlspace
Sewer Septic Needed
Water Public
Structure Type Frame
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8438674