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1021 COHASSETT AVENUE

Multi-family For Sale
$397,000

BTC: 6.18480156

ETH: 225.19200880

New
7 bds
2,188 sqft

Overview

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.53 Acres
Heating:
None
Price/sqft:
$181
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$2,811
2025
All facts and features
  • Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Property

    • Exterior Features: None

    Lot

    • Lot: 0.53 Acres

    Other Property Information

    • Parcel Number: 273012921000004080

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,811

  • Source details

    • MLS ID: P4939125

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: None

    • Living Area: 2188

    • Water Source: See Remarks

    • Subdivision Name: LAKE WALES HIGHLAND HEIGHTS ADD

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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 ©2026-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: KELLER WILLIAMS REALTY SMART 1