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
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
- Address303 E POLK AVENUE LAKE WALES FL
- CityLAKE WALES
- CountyPolk
- Zip Code33853
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Courtesy of KELLER WILLIAMS REALTY SMART 1. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
303 E POLK AVENUE
LAKE WALES, FL
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