111 S COLLINS STREET at

111 S COLLINS STREET

For sale Days on market 0

$2,250,000

$222/sq ft

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Overview

Year Built

1907

Sqft

10154

Property Type

Mixed Use

Property Description

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.

Property Details

MLS#

S5147763

Total Floor in Bldg

Address

111 COLLINS S

City

Plant City

State/county

Zip/Postal Code

33563

Area

Florida Railway & Navigation

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$16,227

Maint Fee

$--

Tax Year

2025

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