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507 W BAKER ST Plant City, FL 33563
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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,882 sqft
Price per Sqft $146
Subdivision Plant City Rev Map
MLS Listing ID T3210143
Sold Date 02/21/20
Construction Status Financing
HOA Y/N No
Year Built 1948
Annual Tax Amount $1,633
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 90x90
Property Description
Turn Key operation in the heart of downtown Plant City at 100% occupancy on this quadplex in residential zoning with minimal taxes and easier financing options at lower rates than commercial options. This is a great opportunity for a new or seasoned investor looking for a low entry cost and a turn key operation. Comes with a seasoned property manager assistant that is local and works at 8% of rental rate while maintaining low repair costs and keeps occupancy at near 100% and rent collection at near 100% choosing to collect weekly. The duplex at the adjacent 501 Baker St is also available to make this a total of 6 unit investment. Total rent collected each month is around $3380 for the 4 units. Landlord pays water bill & electric. Zoned residential for easier financing options 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
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 Acre to 21779 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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