627 Washington Ave #1, Lake Wales, Florida 33853
- $215,000
- $224,000
627 Washington Ave #1, Lake Wales, Florida 33853
- $215,000
- $224,000
Overview
- Duplex, Residential Income
- 4
- 2
- 1824 Sqft
Description
Introducing 627 Washington Ave, a lucrative investment opportunity in the tranquil city of Lake Wales, FL. This duplex, complete with long-term leases, offers a steady, reliable source of income. Each unit within this well-preserved duplex offers a comfortable layout of 2 bedrooms and 1 bathroom, providing ample space for tenants to create a home. These units’ solid construction and thoughtful design reflect a commitment to comfort and quality that tenants will surely appreciate. One unit is rented at a competitive rate of $1095 per month to long-term tenants, underlining the property’s desirability and the stability of the income stream. As an investor, you’ll appreciate the immediate cash flow and the peace of mind that comes from reliable, long-term tenants. Situated in the charming city of Lake Wales, this property places tenants in a quiet, welcoming neighborhood with convenient access to local amenities, schools, and parks. The ease of commuting from this location further enhances the appeal of these units to prospective tenants. At 627 Washington Ave, you’re not just investing in a duplex, but a secure income stream and a slice of Lake Wales’ vibrant community. Whether you’re an experienced investor looking to expand your portfolio or a new investor seeking a reliable investment, this property is a testament to the enduring value of real estate in Lake Wales. Don’t let this opportunity pass you by.
Address
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Address: 627 WASHINGTON AVE
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City: Lake Wales
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State/county: FL
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Zip/Postal Code: 33853
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Country: US
Details
Updated on December 4, 2023 at 7:42 pm-
Property ID HZO6114961
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Price $215,000
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Property Size 1824 Sqft
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Land Area 0.13 Acres
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Bedrooms 4
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Bathrooms 2
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Year Built 1966
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Property Type Duplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Roof Membrane
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Utilities Public
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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Flooring Vinyl
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County Polk
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Property Type Residential Income
Mortgage Calculator
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