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507 W BAKER STREET

Multi-family Recently Sold
$275,000

BTC: 2.83252593

ETH: 88.70967742

Sold on: 2020-02-21
44 days
0 room(s)
1,882 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1948
Lot:
0.41 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$146
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

  • Property

    • Levels: One

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.41 Acres

    Other Property Information

    • Parcel Number: P2928225D900002300001.0

    • Zoning: R-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

  • Other financial information

    • Annual tax amount: $1,633

  • Source details

    • MLS ID: T3210143

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Living Area: 1882

    • Water Source: Public

    • Lot Size Dimensions: 90 x 90

    • Subdivision Name: PLANT CITY REV MAP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BLUE SUN REALTY