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Multi-family Recently Sold
$385,000

BTC: 5.86517323

ETH: 144.72487238

Sold on: 2024-07-16
58 days
0 room(s)
2,668 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with 4 existing tenants. Each of the 2 bedroom 1 bath units have been COMPLETELY REMODELED within the last few years. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and all tenants pay their own water, sewer, garbage and electricity. A NEW ROOF is being installed in March. Each unit rents for $ 800/month with upward potential for higher rents. But whether an experienced investor looking to expand your portfolio or a novice seeking a reliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listing broker has a financial interest in this property.

Location

Florida • LAKE WALES • 33853 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
0.15 Acres
Heating:
Electric
Price/sqft:
$150
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Laminate

    Heating

    • Electric

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

  • Property

    • Levels: Two

    • Exterior Features: Awning(s) / Balcony

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 272935879000003142

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $1,170

  • Source details

    • MLS ID: L4941193

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: None

    • Window Features: Blinds

    • Living Area: 2668

    • Water Source: Public

    • Lot Size Dimensions: 48 x 133

    • 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: HOSANNA REAL ESTATE SERVICES