Photo 1 of 1
$450,000
Sold on 3/20/25
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
7 |
0.00 |
1,882 |
$3,805 |
1948 |
On the market:
34 days
|
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Michael Zick, MILLENNIAL REALTY & PROPERTY MGMT.