Lake Wales, Florida 33853
- $400,000
Overview
- Mixed Use, Commercial Sale
- 2668 Sqft
Description
Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex, complete with 4 existing tenants, offers a steady and reliable source of income. Each of the 2 bedroom and 1 bath units have been COMPLETELY remodeled within the last few years. 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 water, garbage and electricity. Each unit rents for $ 800/mn with upward potential. But whether an experienced investor looking to expand your portfolio or a new investor seeking a reliable investment, this property is a testament to the enduring wisdom of real estate ownership in Lake Wales. An excellent addition to any 1031 exchange. Don’t miss this opportunity.
Address
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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 7, 2023 at 9:22 pm-
Property ID HZL4941155
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Price $400,000
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Property Size 2668 Sqft
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Land Area 0.15 Acres
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Year Built 1947
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Property Type Mixed Use, Commercial Sale
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Property Status Canceled
Additional details
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Roof Shingle
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Electric
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County Polk
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Property Type Commercial Sale
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees