Active

$299,999

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2860 sq ft
Overview
  • ID: MFRTB8525074
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2860 sq ft
Property Details
Remarks
Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. No showing allowed without an executed contract. Please do not approach the property since it is occupied
Financial Considerations
Price:
$299,999
HOA Fee:
N/A
Tax Amount:
$4642
Price per SqFt:
$104.89
Tax Legal Description:
LOT 8, BLOCK 1, LINCOLN PARK ADD, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 9, PAGE 19 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.
Exterior Features
Lot Size:
6665
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1955
Construction Type:
Block, Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    130 D ST #1,2,3,4
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