Views
Address
2900 W Grandfield STREET, PLANT CITY, FL
Price
$ 1,100,000
Property Attributes
  • MLS#T3511494
  • TypePending
  • CountyHILLSBOROUGH
  • CityPLANT CITY
  • AreaPlant City
  • NeighborhoodWest Pinecrest
  • Zip33563
  • StyleMulti Family
  • Year Built1979
  • Taxes$ 10343
  • Price$ 1,100,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage1560
  • Lot Size0.45 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. 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.

Elementary School Middle School High School
Bryan Plant City-HB Elementary School Tomlin-HB Middle School Plant City-HB High School
Price History
3/14/2024 Listed $1,100,000

General Features

Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Roof Shingle
Exterior Features Other
Zoning C-1A
Patio/Porch Features Front Porch
Construction Materials Block,Stucco,Wood Frame
Year Built 1979
View City
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Hillsborough
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name WEST PINECREST
Garage Y/N No
Status Pending
Directions From Alexander Street,East on Reynolds St,South on Cassel St to address
High School Plant City-HB
City PLANT CITY
Buyer Agent Compensation 2.25%
Senior Community Y/N No
Total Units 8
MLS Area 33563 - Plant City
Lot Size Square Feet 19470
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Grandfield
Listing Terms Cash,Conventional
Elementary School Bryan Plant City-HB
Tax Annual Amount 10343
Middle/Junior High School Tomlin-HB
Public Remarks Under contract-accepting backup offers. 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 ro
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3511494
Days on Market 17
Standard Status Pending
Tax Lot 6
Legal Description WEST PINECREST LOTS 6 7 AND 8 BLOCK 3
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Laundry Features Laundry Room,Outside
Total Bedrooms 16
LivingAreaSource Public Records
Total Baths 8
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 19470
Foundation Details Slab
Number of Buildings 4
Lot Size Acres 0.45
Road Surface Type Asphalt
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33563

Price
AVG $470K
$1.1M
Taxes
AVG $3,343
$10,343
Visits
AVG 506
158
Data Provided by Inside Real Estate®
Year Built
AVG 1991
1979

Areas We Cover