Active

$624,000

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 2197 sq ft
Overview
  • ID: MFRTB8527856
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 2197 sq ft
Property Details
Remarks
Turnkey Cash Cow Investment Opportunity in Plant City! Exceptional investment opportunities like this are rare. This unique income-producing property features three individually recognized single-family residences situated on two contiguous parcels under one folio, offering immediate cash flow and outstanding long-term investment potential. This turnkey investment has a proven history of consistent rental income, making it an ideal addition to any investor's portfolio. Income and expense history available upon request. Even better, the property is being delivered vacant, giving the new owner the flexibility to establish current market rents, carefully select tenants, or implement their own investment strategy from day one. Residence One is a spacious 3-bedroom, 1-bath home offering approximately 1,288 square feet. Recent improvements include luxury vinyl plank flooring, fresh interior paint, painted wood cabinetry, updated backsplash, newer stainless steel refrigerator, newer oven, washer and dryer, updated lighting, new blinds, a renovated front porch with new railings, an updated bathroom vanity, plus an AC compressor replacement and ductwork improvements. Residence Two is a beautifully renovated 1-bedroom, 1-bath concrete block home offering approximately 525 square feet. Recently renovated in July 2026, updates include fresh interior paint, luxury vinyl plank flooring, new kitchen cabinets and countertops, new stainless steel refrigerator and microwave, new sink and faucet, a completely updated bathroom with new vanity, shower, and toilet, new blinds, and a durable metal roof. Residence Three is a 2-bedroom, 1-bath home with a bonus room offering approximately 787 square feet. Improvements include partial vinyl siding, a new stainless steel refrigerator, freshly painted cabinetry, an updated bathroom, a newer water heater, a newly constructed front porch with railing, and all major appliances, including the refrigerator, range, washer, and dryer. Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or invest in a proven income-producing property, this is a rare opportunity to own three residential homes in one purchase. With a strong rental history, extensive updates, immediate occupancy, and the flexibility to maximize future income, this Plant City property truly stands out as a turnkey cash-flowing investment. Don't miss your opportunity to own this exceptional income-producing property. Schedule your private showing today!
Financial Considerations
Price:
$624,000
HOA Fee:
N/A
Tax Amount:
$2452.48
Price per SqFt:
$284.02
Tax Legal Description:
DIXIE GARDENS LOT 1 AND N 1/2 OF LOT 2 BLOCK 7
Exterior Features
Lot Size:
10184
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Electric Water Heater, Range, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Laminate
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1943
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    1505 N ORANGE ST
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