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236 WASHINGTON AVENUE

Multi-family For Sale
$950,000

BTC: 14.47250536

ETH: 357.11332145

-$50K (2024/09/22)
38 days
15 bds
4,123 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • LAKE WALES • 33853 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.35 Acres
Heating:
Electric
Price/sqft:
$230
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Convection Oven

    • Electric Water Heater

    • Refrigerator

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 15

  • Property

    • Levels: One

    • Exterior Features: Courtyard

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 272935879000003170

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    Green energy

    • Windows

  • Other financial information

    • Annual tax amount: $1,556

  • Source details

    • MLS ID: O6234192

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Lot Features: Corner Lot

    • Patio And Porch Features: Covered / Front Porch / Rear Porch

    • Living Area: 4123

    • Water Source: Public

    • Lot Size Dimensions: 114 x 134

    • Subdivision Name: LAKE WALES LAND CO SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ALABAMA LLC