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501 W BAKER ST Plant City, FL 33563
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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,454 sqft
Price per Sqft $120
Subdivision Plant City Rev Map
MLS Listing ID T3210142
Sold Date 02/21/20
Construction Status Financing
HOA Y/N No
Year Built 1934
Annual Tax Amount $769
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50x60
Property Description
Ever wanted to own rentals but not sure how to get started? This is a turn key Duplex rental operation located in the desirable Plant City downtown area that is walking distance from all of the up and coming downtown growth. The property is 100% leased and a great property manager assistant that can stay with the property at a reasonable rate. ALSO AVAILABLE IS a 4 UNIT Quad adjacent to this property. All units have been updated to city codes and standards with upgraded electrical, plumbing and newer metal roofs that meet strict city standards. The landlord pays water and trash. The properties are zoned residential for very low property taxes and easier financing options. These properties cap at 12%+ at a cash purchase with lots of opportunity to increase rents as the area develops. This is a rare opportunity to get a profitable operation turn key. Must plan showings in advance - do not disturb tenants. Landlord pays water & electric. Residential zoning for easier financing and lower tax rate
Location
State FL
County Hillsborough
Community Plant City Rev Map
Zoning R-1
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Sidewalk
Utilities Available Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Available
Waterfront false
View City
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Financing
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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