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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 $137
Subdivision Thulberrys Second Sub
MLS Listing ID L4948447
Bedrooms 4
Year Built 1961
Annual Tax Amount $1,853
Lot Size 6,098 Sqft
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
Heating Electric
Cooling Wall/Window Unit(s)
Laundry Outside
Exterior
Exterior Feature Other
Utilities Available Cable Connected,Electricity Connected,Phone Available
Roof Type Shingle
Building
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