Property Attributes
- MLS#L4944606
- TypeIncome
- CountyPOLK
- CityLAKE WALES
- AreaLake Wales South
- NeighborhoodTwin Lake Park Sub
- Zip33853
- StyleQuadruplex
- Year Built1925
- Taxes$ 2290
- Price$ 499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1740
- Lot Size0.3 Acres
Data Source:
Stellar MLS
Property Description
Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away! ***Once property has an executed contract access will be granted during due diligence period.***
Price History | |
---|---|
5/8/2024 | Listed $499,900 |
General Features
Interior Features | Other |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Electricity Connected,Sewer Connected,Water Connected |
Roof | Shingle |
Exterior Features | Other |
Zoning | C-2 |
Construction Materials | Wood Frame |
Year Built | 1925 |
Property SubType | Quadruplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Polk |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | TWIN LAKE PARK SUB |
Garage Y/N | No |
Status | Active |
Directions | FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON LEFT. |
City | LAKE WALES |
Buyer Agent Compensation | 2.5%-$295 |
Senior Community Y/N | No |
Total Units | 4 |
MLS Area | 33853 - Lake Wales South |
Lot Size Square Feet | 12950 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Polk |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 2290.52 |
Public Remarks | Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit h |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/L4944606 |
Days on Market | 1 |
Standard Status | Active |
Tax Lot | 3 |
Legal Description | TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 3 W 60 FT OF S 185 FT & LOT 4 E 10 FT OF S 185 FT |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | AVENUE |
Laundry Features | Outside |
LivingAreaSource | Public Records |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 12950 |
Foundation Details | Crawlspace |
Number of Buildings | 2 |
Building Area Total | 1916 |
Lot Dimensions | 70 x 185 |
Lot Size Acres | 0.3 |
Road Surface Type | Asphalt,Paved |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool