5 Beds
2 Baths
1,638 SqFt
5 Beds
2 Baths
1,638 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,638 sqft
Price per Sqft $189
Subdivision Madison Park
MLS Listing ID TB8465385
Bedrooms 5
HOA Y/N No
Year Built 1947
Annual Tax Amount $2,772
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Incredible income-producing opportunity with two separate homes on one property. Over $100,000 in renovations have already been completed, making this a turnkey investment with immediate cash flow. Both homes feature major system upgrades, including: New roofs, New air conditioners, New exterior paint,New breaker boxes and New hot water heaters! Front Home – Fully Renovated! This charming 3-bedroom, 1-bath home has been completely updated from top to bottom. Highlights include: New windows, updated electrical and plumbing, Porcelain tile flooring throughout, Soft-close gray cabinetry with an open peninsula overlooking the family room, New appliances, light fixtures, hardware, faucets, toilet, vanity, bathtub, and shower Large laundry room with space for an office desk or expanded laundry station. Fully fenced yard and covered concrete patio, ideal for entertaining. Simply put, if it could be replaced, it was. Home is plaster so damages from tenants are non existent! Back Home: The 2-bedroom, 1-bath back home offers: Long-term tenant in place who preferred no interior renovations. Large backyard and storage. This property is the definition of smart investing: strong rental income, major upgrades already done, and two dwellings generating value on one lot. A rare find with flexibility, cash flow, and long-term upside. Leases end in May but both tenants want to stay. Back tenant has been there 10 years.
Location
State FL
County Hillsborough
Community Madison Park
Area 33563 - Plant City
Zoning R-1
Rooms
Other Rooms Attic, Breakfast Room Separate, Family Room, Inside Utility
Interior
Interior Features Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters
Heating Central
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Outbuildings, Fence, Private Entrance, Private Mailbox, Private Yard, Storage
Community Features Street Lights
Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Porch Front Porch, Rear Porch
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Num of Pet 10+
Special Listing Condition None
"My job is to find and attract mastery-based advisors to the shop, protect the culture, and make sure everyone is happy! "