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Multi-family For Sale
$399,950

BTC: 13.33166667

ETH: 199.97500000

15 days
8 bds
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 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

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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: HOSANNA REAL ESTATE SERVICES