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Lake Wales,FL 33853
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $154
Subdivision Thulberrys Second Sub
MLS Listing ID L4948447
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1961
Annual Tax Amount $1,853
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 46x134
Property Description
This block construction duplex in Lake Wales features two 2 bed, 1 bath units, each currently rented at $800/month. With rental comps in the area at $1,100/month, there’s excellent potential to increase cash flow. This property is easily maintained thanks to its solid block construction, making it a hassle-free investment. A great opportunity for investors looking for steady income and room for growth in rental rates!
Both Leases that are in place expire in December
Location
State FL
County Polk
Community Thulberrys Second Sub
Zoning IND
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Outside
Exterior
Exterior Feature Other
Utilities Available Cable Connected,Electricity Connected,Phone Available
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None