906 W SPENCER ST, PLANT CITY FL 33563

3
BEDS

1
BATHS

1,096
SQ FT

$230,000

PROPERTY HIGHLIGHTS

TYPE

Single Family Residence

BEDROOMS

3

BATHROOMS FULL

1

LIVING AREA

1,096 sq.ft.

LOT SIZE

0.23 acres

YEAR BUILT

1961

PRIVATE POOL

No

SELLING FIRM

Florida Executive Realty

MLS#

T3365257

Read more about this listing 906 W SPENCER ST PLANT CITY, FL 33563

Property can be sold as a package or individually. This package is 23 Single Family rentals all managed by Plant City Rentals. 16 of the homes are on Month to Month leases in anticipation of sale and rent increase. 3 additional leases expire in the next 4 months, 3 leases expire early 2023. Currently, rents are well undervalued and could go substantially to market demands. For easy management, all properties are contently located in the city limits of downtown Plant City. All properties are on City water/sewer, no HOA’s, CDD’s or special assessments. Plant City, one of Tampa Bays hottest markets, is currently seeing a 2% rise in value monthly. This package includes 5- 2 bed/ 1 baths, 5- 3 bed/ 1 baths, 6- 3 bed/ 2 baths, 1-2 bed/ 2 baths, 1-4 bed/2.5baths, 1- 4 bed/1.5 baths. Currently generating a Gross of $373,500.00 yearly, NOI of $277,302.44 yearly & a 4.6% CAP Rate.

...READ MORE ABOUT THIS HOME...

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PROPERTY DETAILS

INTERIOR FEATURES

Ceiling Fans(s)

APPLIANCES

Microwave, Range, Refrigerator

HEATING

Central

COOLING

Central Air

FIREPLACE

No

EXTERIOR FEATURES

Other

COMMUNITY POOL

No

WATERFRONT

No

COUNTY

Hillsborough

MORTGAGE CALCULATOR

RELATED PROPERTIES

Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Fri, 24 Jun 2022 23:26:32 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.