507 W Baker St, Plant City, Florida 33563

  • $450,000

Overview

Property ID: HZTB8350263
  • Quadruplex, Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 5
  • Bathrooms

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: 507 W BAKER STREET
  • City: Plant City
  • State/county: FL
  • Zip/Postal Code: 33563
  • Country: US

Details

Updated on March 20, 2025 at 8:07 pm
  • Property ID HZTB8350263
  • Price $450,000
  • Land Area 0.41 Acres
  • Bedrooms 7
  • Bathrooms 5
  • Year Built 1948
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional
  • Roof Metal
  • Utilities Cable Available, Cable Connected, Electricity Available, Electricity Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Units / Window Unit
  • County Hillsborough
  • Property Type Residential Income
  • Elementary School Wilson Elementary School-HB
  • Middle School Tomlin-HB
  • High School Plant City-HB

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Jamie Stevens

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