Plant City, FL 33563,2900 W GRANDFIELD ST
Plant City, FL 33563,2900 W GRANDFIELD ST
Plant City, FL 33563,2900 W GRANDFIELD ST
$1,030,000
Est. payment /mo
$1,100,000
6.4%
Est.Price: ?

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16 Beds
8 Baths
1,560 SqFt
SOLD DATE : 07/02/2024

Key Details

Sold Price $1,030,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $660

Subdivision West Pinecrest

MLS Listing ID T3511494

Sold Date 07/02/24

Bedrooms 16

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1979

Annual Tax Amount $10,343

Lot Size 0.450 Acres

Acres 0.45

Property Description

Excellent Investment Opportunity for 4 duplexes - 8 total units on .45 acre property - 1 parcel. Each unit is 2 bedrooms, 1 bath units with exterior storage rooms that have full size washer & dryer hookups - 762 sf heated space in each unit. The roofs were replaced in 2020 & central AC systems. 2 units remodeled in 2024 with new cabinets, bathrooms, vinyl plank flooring and appliances. Most recent unit rented at $1295/m within 1 week. All tenants have been background checked and pay on time with no issues with long term leases. Tenant pays utilites, City Water, city trash collection, City Sewer all paid by tenants individually. Good location, central to everything and minutes from major highways. Lots of potential for rent improvement. Cap rate around 8% for a very good solid investment with easy potential to increase returns. HUD website shows fair market rent for 2 bedrooms in 33563 zip code at $1570/m if new owner chooses to allow section 8 rentals. Owner pays for Lawn Maintenance at $200/m. Turn key investment. Please do not disturb tenants. No HOA or lease restrictions with the city.

Location

State FL

County Hillsborough

Community West Pinecrest

Zoning C-1A

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Room, Outside

Exterior

Exterior Feature Other

Utilities Available Cable Available

Waterfront false

View City

Roof Type Shingle

Porch Front Porch

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Stucco,Wood Frame

New Construction false

Construction Status Inspections

Schools

Elementary Schools Bryan Plant City-Hb

Middle Schools Tomlin-Hb

High Schools Plant City-Hb

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by BLUE SUN REALTY LLC
Bought with BLUE SUN REALTY LLC

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Sheree Frazier PA

+1(386) 785-7937

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