236 WASHINGTON AVE Active

Lake Wales,FL 33853

$ 800000

16 Beds

9 Baths

4123 SqFt


Key Details

Property Type Single Family Home

Sub Type Half Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,123 sqft

Price per Sqft $194

Subdivision Lake Wales Land Co Sub

MLS Listing ID O6243795

Bedrooms 16

Full Baths 8

Half Baths 1

Year Built 1950

Annual Tax Amount $5,773

Lot Size 0.350 Acres

Property 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.

Location

State FL

County Polk

Community Lake Wales Land Co Sub

Zoning R-3

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Tile

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Courtyard

Fence Fenced,Wood

Utilities Available Cable Connected,Electricity Connected,Water Connected

Roof Type Shingle

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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