$1,000,000 for Sale
236 washington avenue, lake wales, FL 33853
| Beds 15 | Baths 9 | 4,123 Sqft | 0.35 Acres |
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Property Description
Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
General Information
Sale Price: $1,000,000
Price/SqFt: $243
Status: Active
MLS#: O6234192
City: lake wales
Post Office: lake wales
County: Polk
Subdivision: lake wales land co sub
Acres: 0.35
Lot Dimensions: 114 x 134
Bedrooms:15
Bathrooms:9
House Size: 4,123 sq.ft.
Acreage: 0.35 est.
Year Built: 1950
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Block
Exterior Misc: Courtyard
Basement: No
Foundation : Block
Appliances: Convection Oven, Electric Water Heater, Refrigerator
Cooling: Wall/Window Unit(s)
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,556
Legal Description: LAKE WALES LAND CO SUB PB 5 PG 11 BLK 3 LOTS 17 & 18
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Erich Spivey of ALABAMA LLC, Phone: 904-276-2555
