Address
303 E Polk AVENUE, LAKE WALES, FL
Price
$ 570,000
Property Attributes
- MLS#L4944595
- TypeIncome
- CountyPOLK
- CityLAKE WALES
- AreaLake Wales South
- NeighborhoodLake Wales
- Zip33853
- StyleQuadruplex
- Year Built1925
- Taxes$ 6581
- Price$ 570,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3669
- Lot Size0.62 Acres
Data Source:
Stellar MLS
Property Description
Looking for an investment opportunity look no further! This single family home also has a detached duplex and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached duplex units are both efficiency units with 1 bathroom. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,635.00 and an annual gross income of $79,620.00. 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 $570,000 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Wall Units / Window Unit |
| Cooling | Central Air,Wall/Window Unit(s) |
| 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 | LAKE WALES |
| Garage Y/N | No |
| Status | Active |
| Directions | FROM HWY 60 TURN ONTO W POLK AVE PROPERTY WILL BE AHEAD ON LEFT |
| City | LAKE WALES |
| Buyer Agent Compensation | 2.5%-$295 |
| Senior Community Y/N | No |
| Total Units | 8 |
| MLS Area | 33853 - Lake Wales South |
| Lot Size Square Feet | 26990 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Polk |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 6581.78 |
| Public Remarks | Looking for an investment opportunity look no further! This single family home also has a detached duplex and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just mi |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/L4944595 |
| Days on Market | 1 |
| Standard Status | Active |
| Tax Lot | 6 |
| Legal Description | LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 50 LOTS 6 & 7 |
| 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 | Inside,Laundry Room |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 26990 |
| Foundation Details | Crawlspace,Slab |
| Number of Buildings | 4 |
| Building Area Total | 4116 |
| Lot Dimensions | 150 x 180 |
| Lot Size Acres | 0.62 |
| 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
Property vs Income Average in 33853
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 20, 2024 12:18 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
