Contact
Tell us about your needs

Multi-family Active With Contract
$399,950

BTC: 4.46871508

ETH: 136.03741497

30 days
8 bds
2,668 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. 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 existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. 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 UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.

Location

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
  • Heating

    • Electric

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Levels: Two

    • Exterior Features: Balcony

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 272935879000003142`

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,065

  • Source details

    • MLS ID: L4957393

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: None

    • Living Area: 2668

    • Water Source: Public

    • Lot Size Dimensions: 48 x 133

    • Subdivision Name: LAKE WALES LAND CO SUB

Similar Homes

319 ARTEMIS STREET placeholder 319 ARTEMIS STREET
New
Active With Contract
House
$306,490
4 bds 3 ba 2,174 sqft
319 ARTEMIS STREET
3658 HARDMAN DRIVE placeholder 3658 HARDMAN DRIVE
1 days
Active With Contract
House
$299,990
5 bds 2 ba 2,112 sqft
3658 HARDMAN DRIVE
3615 HARDMAN DRIVE placeholder 3615 HARDMAN DRIVE
1 days
Active With Contract
House
$311,240
6 bds 3 ba 2,463 sqft
3615 HARDMAN DRIVE
3663 HARDMAN DRIVE placeholder 3663 HARDMAN DRIVE
+$750 (2025/11/18)
Active With Contract
House
$300,240
5 bds 2 ba 2,112 sqft
3663 HARDMAN DRIVE
355 ARTEMIS STREET placeholder 355 ARTEMIS STREET
10 days
Active With Contract
House
$306,240
4 bds 3 ba 2,174 sqft
355 ARTEMIS STREET
4414 BLACKWELL AVENUE placeholder 4414 BLACKWELL AVENUE
10 days
Active With Contract
House
$282,990
3 bds 2 ba 1,328 sqft
4414 BLACKWELL AVENUE
3626 HARDMAN DRIVE placeholder 3626 HARDMAN DRIVE
+$2K (2025/12/17)
Active With Contract
House
$311,490
6 bds 3 ba 2,463 sqft
3626 HARDMAN DRIVE
3638 HARDMAN DRIVE placeholder 3638 HARDMAN DRIVE
+$750 (2025/11/18)
Active With Contract
House
$312,240
6 bds 3 ba 2,463 sqft
3638 HARDMAN DRIVE

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: HOSANNA REAL ESTATE SERVICES