0 beds
1947
2,668 sqft
Under contract-accepting backup offers. 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 4 existing tenants. Each of the 2 bedroom 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, sewer, garbage and electricity. A NEW ROOF is being installed in March. Each unit rents for $ 800/month with upward potential for higher rents. But whether an experienced investor looking to expand your portfolio or a novice seeking a reliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listing broker has a financial interest in this property.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
None
Units:
4
Subdivision:
LAKE WALES LAND CO SUB
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Lot Size:
48 x 133
Acreage:
0.15
Est. Taxes:
$1,170
Construction
Vinyl Siding, Wood Frame
Utilities
Public
Days on Market:
58
Appliances:
Range, Range Hood, Refrigerator
MLS #:
L4941193
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of HOSANNA REAL ESTATE SERVICES Phone: 863-698-7868