For Sale

Listed by Christopher Bilar from FLORIDA EXECUTIVE REALTY

Source: Stellar MLS #T3365291

113 W Lee St, Plant City, FL, 33563

$200,000

2
1
2
1024 sq. ft.
7790 sq. ft.

SingleFam

30+ days on the market

What's around 113 W Lee St

About this property

This home is part of a package of 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 expire early 2023. 3 additional leases expire in the next 3 months. 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.

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