507 W Baker St, Plant City, Florida 33563
- $450,000
Overview
- Quadruplex, Residential Income
- 7
- 5
Description
Palm Haven Apartments – This is a Great Investment Opportunity – 6 Units total with 5 Units rented, One unit needs rehab when finished allowing this to be a cash Cow, 2 Parcels, just under 1 acre total property – Incredible Income earning potential – this is a Great Location near downtown Plant City with plenty of road frontage and possible future commercial potential – Low Vacancy historically – Newer Metal Roof – lots of extra parking. it has been zoned residential for lower taxes, Operates approximately 16% PLUS with a return on investment on standard investment loan, with the potential of generating more income when the last unit is rehabbed. . 1-efficiency- needs rehab then there are studio units, 2 -1 bedroom/1 bath units, 1 2 bedroom/2 bath, 2 – 2 bedroom/2 bath. Rent includes electric and water for all tenants, on city water, sewer and dumpster service for trash. For more financial information, please have pre-approval or bank statement submitted. Contact us for more info, these are a good investment and wont last long.
Address
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Address: 507 W BAKER STREET
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City: Plant City
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State/county: FL
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Zip/Postal Code: 33563
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Country: US
Details
Updated on March 20, 2025 at 8:07 pm-
Property ID HZTB8350263
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Price $450,000
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Land Area 0.41 Acres
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Bedrooms 7
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Bathrooms 5
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Year Built 1948
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Roof Metal
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Utilities Cable Available, Cable Connected, Electricity Available, Electricity Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Wall Units / Window Unit
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County Hillsborough
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Property Type Residential Income
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Elementary School Wilson Elementary School-HB
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Middle School Tomlin-HB
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High School Plant City-HB
Features
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Property Tax
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Monthly HOA Fees