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627 Washington avenue, Lake Wales FL 33853

Multi-family For Sale
$320,000

BTC: 4.98054475

ETH: 168.18736072

-$40K (2026/07/03)
123 days
0 room(s)
2,096 sqft

Overview

Owner financing available for this remodeled conner DUPLEX with almost 6000 sq ft of land. With 2 apartments unit each with: 2 bedrooms and 1 bathroom, fenced patio & garden, each unit with a private laundry room with washer/dryer, 4 parking spaces, independent Electrical & water Meters. Occupied lease tenants collecting $2400 monthly. This zoning allows you to build two (2) extra apartments for additional income. Remember this is a Duplex so you don't need to have a great income to qualified because the property already adds an income stream on its own and that help you to qualified. With a rate cap of 9%. No HOA, low property tax. just 1 block form I-27 north. Call me I we qualified you. (Owner don't do secondary financing).

Location

Florida • Lake Wales • 33853 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1966
Lot:
No Data
Heating:
Central
Price/sqft:
$153
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$4,070
2025
Parking
4 spaces
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 272934872500007010

    • Zoning: Duplex, Tri's, Quad'

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $4,070

  • Source details

    • MLS ID: A11991034

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Porch / Patio

    • Window Features: Complete Other Protection / Complete Panel Shutters/Awnings / Blinds

    • Architectural Style: Detached

    • Living Area: 2096

    • Water Source: Municipal Water

    • Subdivision Name: Washington Park

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33853
117
median $249K
Active
Same city
Lake Wales
682
median $195K
Active
Same type
Multi-family
9
median $320K
Active
Similar price
$224K – $416K
220
median $286K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. 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: Most Trusted Investments LLC