$2,000,000 - 111 S Collins Street, PLANT CITY
- -
- Bedrooms
- -
- Baths
- 10,154
- SQ. Feet
- 0.25
- Acres
Trophy Property - Great Investment Property on the corner of S. Collins St. in Downtown Plant City. The property has 8 tenants (3 commercial tenants downstairs and 5 aparments upstairs). The 5 apartments consist of 2 - Two Bedroom Units and 3- 1 Bedroom Units. The 3 tenants downstairs are all on Triple Net NNN Leases paying their share of property taxes, their own maintenance, and utilities. New TPO Roof 3 years ago. Each tenant has their own power meter. $100k in upgrades over the past 3 years. This mixed use building currently generates $13,127/month and $187,368/ annually making it a handsome 5.89% CAP return with no work needed. Profit Day 1!!! Schedule to view this property before it is gone! Private parking lot to the rear included in the sale. Public parking lot across the street assures tenants that their customers will always have plenty of parking.
Essential Information
-
- MLS® #:
- S5152355
-
- Price:
- $2,000,000
-
- Square Footage:
- 10,154
-
- Acres:
- 0.25
-
- Year Built:
- 1907
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Mixed Use
-
- Status:
- Active
Community Information
-
- Address:
- 111 S Collins Street
-
- Area:
- Plant City
-
- Subdivision:
- FLORIDA RAILWAY & NAVIGATION
-
- City:
- PLANT CITY
-
- County:
- Hillsborough
-
- State:
- FL
-
- Zip Code:
- 33563-5529
Amenities
-
- Parking:
- Ground Level, Shared Parking
Interior
-
- Heating:
- Central
-
- Cooling:
- Central Air
-
- # of Stories:
- 2
Exterior
-
- Roof:
- Membrane
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 41
-
- Zoning:
- C-1
Listing Details
- Listing Office:
- Luxury Orlando Real Estate