Description

15 UNIT APARTMENT COMPLEX AND AN OFFICE BRINGING IN $135,000 IN GROSS RENT, IN THE HEART OF PLANT CITY CLOSE TO TAMPA AND LAKELAND,10 MINUTE AWAY FROM AMAZON WAREHOUSE AND SEVERAL OTHER EMPLOYERS. VERY CLOSE TO I-4,ALWAYS FULL, LONG TERM TENANTS WITH EXECELLENT PAYMENT HISTORY IN PLACE. TENANTS ARE BACKGROUND CHECKED AND PAY ON TIME.CURRENT RENTS ARE LOWER THAN MARKET RENTS, NO EVICTIONS IN THE LAST 12 MONTHS. VERY LOW MAINTENANCE.MAJOR RENOVATIONS IN THE LAST TWO YEARS:MAJOR BATH AND KITCHEN UPGRADES, FLOORING-HIGH QUALITY VINYL PLANKS INSTALLED AND FIXED ALL SUB FLOORING,PLUMBING- UPGRADED FAUCETS, NEW INSTANT HOT WATER HEATER, SMALL LEAKS FIXED,DRYWALLS FIXED, BATHROOMS RENOVATED, NEW TILE BATHROOMS,REPLACED CABINETS,ELECTRICAL UPGRADES,NEW GARDEN INSTALLED,NEW CABINETS, NEW FAUCETS,FIXED ALL DRIVING AREAS,, FENCING ALL AROUND PROPERTY,TRIMMED TREES, CLEAREWD OUT DEAD PLANTS, DOORS REPLACED,PAINTED INTERIOR AND EXTERIOR, INSTALLED LIGHT POLES,INSTALLED SECURITY CAMERA. THERE IS ALSO OPPORTUNITIES FOR ADDITIONAL INCOME- INSTALL LAUNDRY- BRING RENTS TO MARKET RENT-CHARGE NEW TENANTS WEEKLY RATES. A TRUE MONEY MAKER- THESE ARE HARD TO COME BY-WILL NOT LAST - PRICED TO SELL!!!. SEE ATTACHED INCOME OVERVIEW.

Details

MLS#T3160812
Sub-TypeResale
StatusActive
Year1969
Days On Site20

Features

SQ Feet7,256
Units15
Building(s)5

Market Activity 33563

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Area Information

StateFL
CountyHillsborough
CityPLANT CITY
Zip Code33563
Area33563 - Plant City
Listing VS Median (in 33563)
Price:
$925,000
low | high
Med:
$178,000
100% of Average
SqFt:
7,256
low | high
Med:
1,104
100% of Average
$ / SqFt:
$127
low | high
Med:
$161
23.524481002742% of Average
On Site:
20
low | high
Med:
34
58.823529411765% of Average
Listing Updated: 03/22/2019
MLS Number: T3160812
Listing Provided By:
Johnny Redondo  of  JOHNNY N. REDONDO ASSOC.LLC.

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