8 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 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.
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:
$3,065
Construction
Vinyl Siding, Wood Frame
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Days on Market:
30
Pet Policy:
Cats OK, Dogs OK
Appliances:
Range, Range Hood, Refrigerator
MLS #:
L4957393
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of HOSANNA REAL ESTATE SERVICES 863-698-7868