Lake Wales, FL 33853
- $385,000
- 8
- BD
- 4
- BA
- 2,668
- SqFt
- Sold Price
- $385,000
- List Price
- $399,950
- Status
- Sold
- Days on Market
- 30
- Closing Date
- Mar 09, 2026
- MLS#
- L4957393
- Property Style
- Quadruplex
- Year Built
- 1947
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,668
- Lot Size
- 6,384
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Lake Wales Land Co Sub
- MLS Area Major
- Lake Wales South
Property Description
Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.
Additional Information
- Taxes
- $3064
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Appliances
- Range, Range Hood, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Vinyl Siding, Frame
- Exterior Features
- Balcony
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Pool
- No Pool
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 27-29-35-879000-003142`
- Legal Description
- POLK COUNTY PARCEL 272935879000003142 WITH LEGAL TO FOLLOW AT CLOSING
Listing courtesy of HOSANNA REAL ESTATE SERVICES. 863-698-7868
Selling Office: LPT REALTY, LLC.Mortgage Calculator
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