236 WASHINGTON AVENUE, Lake Wales, FL 33853

  • $800,000
  • $350,000

Overview

Property ID: HZO6234192
  • Multi-Family, Residential Income
  • Property Type
  • 15
  • Bedrooms
  • 9
  • Bathrooms
  • 4825 Sqft
  • Area Size

Description

Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.

  • Address: 236 WASHINGTON AVENUE
  • City: Lake Wales
  • State/county: FL
  • Zip/Postal Code: 33853
  • Country: US

Details

Updated on January 1, 2025 at 5:33 am
  • Property ID HZO6234192
  • Price $800,000
  • Property Size 4825 Sqft
  • Land Area 0.35 Acres
  • Bedrooms 15
  • Bathrooms 9
  • Garage Size x x
  • Year Built 1950
  • Property Type Multi-Family, Residential Income
  • Property Status Expired

Additional details

  • Listing Terms Cash,Conventional
  • Roof Shingle
  • Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Electric
  • Flooring Tile
  • County Polk
  • Property Type Residential Income

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Jamie Stevens

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