This block construction duplex in Lake Wales features two 2 bed, 1 bath units, each currently rented at $800/month. With rental comps in the area at $1,100/month, there’s excellent potential to increase cash flow. This property is easily maintained thanks to its solid block construction, making it a hassle-free investment. A great opportunity for investors looking for steady income and room for growth in rental rates!
Both Leases that are in place expire in December
Both Leases that are in place expire in December
Property Details
Price:
$194,900
MLS #:
L4948447
Status:
Active
Beds:
4
Baths:
2
Address:
325 DORSETT AVENUE UNIT A&B
Type:
Multi Family
Subtype:
Duplex
Subdivision:
THULBERRYS SECOND SUB
Neighborhood:
33853 – Lake Wales South
City:
LAKE WALES
Listed Date:
Oct 28, 2024
State:
FL
Finished Sq Ft:
1,420
ZIP:
33853
Lot Size:
6,190 sqft / 0.14 acres (approx)
Year Built:
1961
Units:
1
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Electric
Laundry Features
Outside
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2023
Taxes
$1,853
Map
Community
- Address325 DORSETT AVENUE UNIT A&B LAKE WALES FL
- SubdivisionTHULBERRYS SECOND SUB
- CityLAKE WALES
- CountyPolk
- Zip Code33853
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325 DORSETT AVENUE UNIT A&B
LAKE WALES, FL
LIGHTBOX-IMAGES