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409 WASHINGTON AVENUE

Multi-family Recently Sold
$290,000

BTC: 4.52948067

ETH: 152.41979565

Sold on: 2024-05-11
8 days
0 room(s)
2,080 sqft

Overview

GREAT CBS INCOME PRODUCING TRIPLEX IN LAKE WALES. 2 - 2/1s RENTED M2M AT $850/UNIT AND A 3/1 RENTED FOR $1050/UNIT. EACH UNIT HAS ITS OWN CENTRAL HVAC SYSTEM. AGES ARE 3 YEARS, 10 YEARS AND 5 YEARS OLD. 2 UNITS HAVE NEWER TANKLESS W/H AND 1 HAS A REGULAR W/H 2 YEARS OLD. SHINGLE ROOF IS 14 YEARS OLD. PROPERTY IS FULLY FUNCTIONING AND DOESN'T NEED MUCH WORK.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1962
Lot:
0.14 Acres
Heating:
Electric
Price/sqft:
$149
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$310,000
$234K – $407K
Confidence Low
List vs. estimate
At estimate
List $310,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$149
-13.5% vs. city median $172
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,358
2023
View
City
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Eating Space In Kitchen

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Thermostat

  • Property

    • Levels: One

    • Exterior Features: Lighting / Private Mailbox / Sidewalk

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 272935880000006120

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Street Lights

  • Other financial information

    • Annual tax amount: $2,358

  • Source details

    • MLS ID: O6180891

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Block

    • Laundry Features: None

    • Lot Features: Corner Lot

    • Living Area: 2080

    • Water Source: See Remarks

    • Lot Size Dimensions: 14 x 138

    • Subdivision Name: LINCOLN PARK ADD

Private inquiry
Talk to the advisor on this listing.
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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 ©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: PLATINUM REALTY & INVESTMENTS INC