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Priced at Only: $399,950
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Property Location and Similar Properties
- MLS#: L4957393 ( Residential Income )
- Street Address: Address Not Provided
- Viewed: 49
- Price: $399,950
- Price sqft: $141
- Waterfront: No
- Year Built: 1947
- Bldg sqft: 2844
- Bedrooms: 8
- Total Baths: 4
- Days On Market: 37
- Additional Information
- County: POLK
- City: LAKE WALES
- Zipcode: 33853
- Subdivision: Lake Wales Land Co Sub
- Provided by: HOSANNA REAL ESTATE SERVICES
- Contact: Tom Novack
- 863-698-7868
- DMCA Notice
-
DescriptionIntroducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4 plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony
- Living Area: 2668.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Wall/Window Unit(s)
- Heating: Electric
- Pets Allowed: Cats OK, Dogs OK
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity, Sewer, Trash Collection, Water
Other Features
- Appliances: Range, Range Hood, Refrigerator
- Country: US
- Interior Features: Ceiling Fans(s)
- Legal Description: POLK COUNTY PARCEL 272935879000003142 WITH LEGAL TO FOLLOW AT CLOSING
- Levels: Two
- Area Major: 33853 - Lake Wales South
- Parcel Number: 27-29-35-879000-003142`
- Possession: Close Of Escrow
- Views: 49
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- Jessica M. Bustinza Lopusnak
- Tropic Shores Realty
- Home: 727.388.2312
- Mobile: 352.346.0251
- jbustinza2474@gmail.com