Property Attributes
- MLS#T3511494
- TypePending
- CountyHILLSBOROUGH
- CityPLANT CITY
- AreaPlant City
- NeighborhoodWest Pinecrest
- Zip33563
- StyleMulti Family
- Year Built1979
- Taxes$ 10343
- Price$ 1,100,000
- Bedrooms16
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage1560
- Lot Size0.45 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Excellent Investment Opportunity for 4 duplexes - 8 total units on .45 acre property - 1 parcel. Each unit is 2 bedrooms, 1 bath units with exterior storage rooms that have full size washer & dryer hookups - 762 sf heated space in each unit. The roofs were replaced in 2020 & central AC systems. 2 units remodeled in 2024 with new cabinets, bathrooms, vinyl plank flooring and appliances. Most recent unit rented at $1295/m within 1 week. All tenants have been background checked and pay on time with no issues with long term leases. Tenant pays utilites, City Water, city trash collection, City Sewer all paid by tenants individually. Good location, central to everything and minutes from major highways. Lots of potential for rent improvement. Cap rate around 8% for a very good solid investment with easy potential to increase returns. HUD website shows fair market rent for 2 bedrooms in 33563 zip code at $1570/m if new owner chooses to allow section 8 rentals. Owner pays for Lawn Maintenance at $200/m. Turn key investment. Please do not disturb tenants. No HOA or lease restrictions with the city.
Elementary School | Middle School | High School |
---|---|---|
Bryan Plant City-HB Elementary School | Tomlin-HB Middle School | Plant City-HB High School |
Price History | |
---|---|
3/14/2024 | Listed $1,100,000 |
General Features
Interior Features | Ceiling Fan(s) |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Cable Available |
Roof | Shingle |
Exterior Features | Other |
Zoning | C-1A |
Patio/Porch Features | Front Porch |
Construction Materials | Block,Stucco,Wood Frame |
Year Built | 1979 |
View | City |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Gross Income | 98340 |
County | Hillsborough |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | WEST PINECREST |
Garage Y/N | No |
Status | Pending |
Directions | From Alexander Street,East on Reynolds St,South on Cassel St to address |
ModificationTimestamp | 2024-05-21T13:57:49.187Z |
High School | Plant City-HB |
City | PLANT CITY |
Buyer Agent Compensation | 2.25% |
View Y/N | Yes |
Senior Community Y/N | No |
NumberOfUnitsTotal | 8 |
MLS Area | 33563 - Plant City |
Lot Size Units | Square Feet |
Lot Size Square Feet | 19470 |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Grandfield |
Elementary School | Bryan Plant City-HB |
Land Lease Y/N | No |
Tax Annual Amount | 10343 |
Middle/Junior High School | Tomlin-HB |
Additional Parcels Y/N | Yes |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3511494 |
Days on Market | 17 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Pending |
Tax Lot | 6 |
Legal Description | WEST PINECREST LOTS 6 7 AND 8 BLOCK 3 |
Minimum Lease | No Minimum |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | X |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Laundry Features | Laundry Room,Outside |
Total Bedrooms | 16 |
LivingAreaSource | Public Records |
Total Baths | 8 |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 19470 |
Foundation Details | Slab |
Number of Buildings | 4 |
Street Suffix | STREET |
Lot Size Acres | 0.45 |
Road Surface Type | Asphalt |
Number of Separate Water Meters | 8 |
Number of Separate Electric Meters | 8 |
Number of Lots | 4 |
Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool