$450,000

About This Property

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.

infoProperty Details

Property Type

Quadruplex

Year Built

1948

Living Area

1,882 sqft

Lot Size

0.41 acres

Bedrooms

7

Bathrooms

5

Ownership

Fee Simple

Days on Market

8

List Date

chairInterior Features

yardExterior & Lot

Listed By

MILLENNIAL REALTY & PROPERTY MGMT.

813-217-5691

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