LAKE WALES, FL 33853
$399,950
6 more
Presented By: HOSANNA REAL ESTATE SERVICES with 863-698-7868. - 863-698-7868
Beds • 8
Baths • 4
SQFT • 2,668
Home Details
Introducing 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.
Presented By: HOSANNA REAL ESTATE SERVICES with 863-698-7868. - 863-698-7868
Interior Features for
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featuresnone
General for
Additional Parcels Y/NNo
Appliancesrange, range hood, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citylake wales
Construction Materialsvinyl siding, wood frame
Coolingwall/window unit(s)
Countypolk
Directionsfrom points north of lake wales : take us hwy 27 south to washington avenue, turn left. then drive 0.7 miles to c street. turn right onto c street. property is down the block on the left.
from point
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptionpolk county parcel 272935879000003142 with legal to follow at closing
Levelstwo
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet6384
Lot Size Unitssquare feet
MLS Area33853 - lake wales south
New ConstructionNo
Number Of Units Total4
Ownershipfee simple
Pets Allowedcats ok, dogs ok
Possessionclose of escrow
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelake wales land co sub
Tax Annual Amount3064.65
Tax Year2024
Tenant Payselectricity, sewer, trash collection, water
Utilitiescable connected, electricity connected, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1947
Exterior for
Building Area Total2844
Exterior Amenitiesbalcony
Foundation Detailspillar/post/pier
Lot Dimensions48 x 133
Lot Size Acres0.15
Lot Size Area6384
Number of Buildings1
Number of Lots1
Private PoolNo
Road Surface Typeconcrete
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Patricia De Graaff
Associate