, Lake Wales, FL 33853
- $399,950
Overview
- Quadruplex, Residential Income
- 8
- 4
- 2844 Sqft
Description
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.
Address
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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 March 12, 2026 at 2:59 pm-
Property ID HZL4957393
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Price $399,950
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Property Size 2844 Sqft
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Land Area 0.15 Acres
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Bedrooms 8
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Bathrooms 4
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Garage Size x x
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Year Built 1947
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash,Conventional,FHA,VA Loan
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Roof Shingle
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Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
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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 Residential Income
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