303 E POLK AVENUE LAKE WALES FL 33853 MLS #L4944595

303 E POLK AVENUE
LAKE WALES, FL, 33853
$570,000
Beds
0 Baths
3,669 SqFt
0.62 Acres
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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.***

Property Details

Price:
$570,000
MLS #:
L4944595
Status:
Active
Beds:
0
Baths:
0
Address:
303 E POLK AVENUE
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAKE WALES
City:
LAKE WALES
Listed Date:
May 8, 2024
State:
FL
Finished Sq Ft:
3,669
ZIP:
33853
Lot Size:
26,990 sqft / 0.62 acres (approx)
Year Built:
1925
Units:
8
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Schools

Interior

Cooling
Central Air, Wall/ Window Unit(s)
Heating
Central, Wall Units / Window Unit
Laundry Features
Inside, Laundry Room

Exterior

Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%-$295%
Tax Year
2023
Taxes
$6,582

Map

Community

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303 E POLK AVENUE
LAKE WALES, FL