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236 Washington Avenue Lake Wales, FL 33853

16 Beds
8 full, 1 half Baths
4,123 Sqft
15,355 Sqft lot
0.35 Acre lot
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$800,000 Est. $2,946 / mo.*
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Status: Active
Property Type: Half Duplex
Year Built: 1950
Neighborhood: Lake Wales Land Co Sub
Days on Website: 65

Courtesy of ALABAMA LLC

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.

Open House

Property Details and Features

  • Living Area Meters: 383.04
  • Room Count: 4
  • Building Area Total: 4123
  • Building Area Units: Square Feet
  • Construction Materials: "Block"
  • Direction Faces: North
  • Levels: "One"
  • Living Area: 4123
  • Stories Total: 1
  • Year Built: 1950
  • End Date of Lease: 2025-10-16
  • Available For Lease
  • Existing Lease Tenant
  • Minimum Lease: No Minimum
  • Calculated List Price By Calculated Sq Ft: $194
  • Lot Size Square Meters: 1427
  • Total Acreage: 1/4 to less than 1/2
  • 0.35 acres
  • 15355 square feet
  • Dimensions: 114x134
  • Number Of Pets: 10+
  • Pet Size: Extra Large (101+ Lbs.)
  • Pets Allowed: "Yes"
  • Road Surface: "Paved"
  • Appliances: "Cooktop", "Range", "Refrigerator"
  • 8 full bathrooms
  • 1 half bathroom
  • Bedrooms Total: 16
  • Cooling: "Wall/Window Unit(s)"
  • Exterior Features: "Courtyard"
  • Fencing: "Fenced", "Wood"
  • Flooring: "Tile"
  • Foundation Details: "Slab"
  • Heating: "Electric"
  • Interior Features: "Open Floorplan"
  • Laundry Features: "Electric Dryer Hookup", "Washer Hookup"
  • County or Parish: Polk
  • Subdivision: LAKE WALES LAND CO SUB
  • Township: 29
  • Patio and Porch Features: "Front Porch", "Rear Porch"
  • Zoning: R-3
  • Roof: "Shingle"
  • Sewer: "Public Sewer"
  • Utilities: "Cable Connected", "Electricity Connected", "Water Connected"
  • Water Source: "Public"
$800,000 - 16Br/9Ba - for Sale in Lake Wales Land Co Sub, Lake Wales
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Location

$800,000 - 236 Washington Avenue, Lake Wales, FL 33853
236 Washington Avenue Lake Wales, FL 33853
County or Parish: Polk

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This content last updated on November 25, 2024 9:23PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.