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107 A STREET

Multi-family For Sale
$449,000

BTC: 5.04862251

ETH: 153.45181135

New
6 bds
2,880 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Exceptional Investment Opportunity in Lake Wales Presenting a prime income-producing property located at 107 A Street, perfectly positioned in the heart of Lake Wales. This versatile multi-family asset features a total of six units, all designed as efficient one-bedroom residences, offering a steady and reliable stream of income. With a total heated area of 2,880 square feet, this building is situated on a spacious 0.31-acre lot zoned C-2, providing both immediate utility and future potential. Constructed with durable concrete block and a low-maintenance membrane roof, the property is built to last. The interior units are finished with practical tile flooring and come equipped with essential appliances, including ranges and refrigerators. Comfort is managed through efficient wall/window cooling units and electric heating. For ease of management, the property is connected to public water and sewer systems and features individual metering for electric, water, and sewer services. Strategically located just minutes from local landmarks and schools like Spook Hill Elementary, this property sits in Flood Zone X, which typically does not require flood insurance. Offered at $449,000, this "As-Is" listing is a rare find for investors looking to expand their portfolio with a high-net-income asset in a growing Florida market.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
0.31 Acres
Heating:
Electric / Wall Units / Window Unit
Price/sqft:
$156
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Built-in Features

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Levels: Three Or More

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 272935879000001090

    • Zoning: C-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,910

  • Source details

    • MLS ID: O6368979

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Living Area: 2880

    • Water Source: Public

    • Lot Size Dimensions: 100 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 ©2025-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 AT THE PARKS