About 501 W Baker Street
Under contract-accepting backup offers. Palm Haven Apartments is a 6-unit multifamily property located in Plant City, Hillsborough County, Florida. Built between 1934 and 1948, the property spans 3,336 square feet across 0.51 acres, offering investors a turnkey asset with recent capital improvements and strong income potential. The unit mix includes 2 two-bedroom, two-bath units, 3 one-bedroom, one-bath units, and a single studio unit, appealing to a wide range of tenant needs. Four out of the six units were completely renovated, featuring updated finishes that enhance their rental appeal. The buildings are constructed with wood frame exterior walls and topped with durable metal roofs. The exterior of the property was recently painted and repaired, and landscaping was redone, providing excellent curb appeal. Additionally, the roofs were pressure washed, contributing to a clean, well-cared-for presentation. Each unit is equipped with window AC units for cost-effective climate control. Utilities include sub-metered electric paid by tenants, while the landlord covers city water, sewer, and trash services, simplifying management. The large lot offers ample parking and green space for residents, making this a truly turnkey investment opportunity.
