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  • MLS#: A4662599 ( Residential Income )
  • Street Address: Address Not Provided
  • Viewed: 25
  • Price: $249,999
  • Price sqft: $80
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 3123
  • Bedrooms: 10
  • Total Baths: 2
  • Days On Market: 54
  • Additional Information
  • Geolocation: 27.9169 / -81.5939
  • County: POLK
  • City: LAKE WALES
  • Zipcode: 33853
  • Subdivision: Lake Wales Land Co Resub
  • Elementary School: Janie Howard Wilson Elem
  • Middle School: Frostproof Middle Se
  • High School: Frostproof Middle Senior Hig
  • Provided by: EXIT KING REALTY
  • Contact: Alysa Casorla
  • 941-497-6060
  • mfrmls
  • DMCA Notice
  • Description
    Situated directly across from Janie Howard Wilson Elementary, this concrete block property presents an exceptional investment opportunity with significant income potential. Offering 10 bedrooms, 2 bathrooms, 2 kitchens, and an office space, the layout is ideal for generating strong cash flow through rental income with multi tenant, single bedroom leasing. The property features an 8 year old metal roof, several replaced windows, and the bedrooms that have been updated over the years. In addition, there is storage space at the back of the property that used to be a store front, but could be converted into rentable storage units or additional rooms to maximize returns. Much of the heavy lifting has already been done, and with targeted improvements, this property has the ability to become a high performing income producing asset. Call today to schedule a walk through and explore the possibilities.
Property Location and Similar Properties
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Storage
  • Living Area: 2528.00
  • Roof: Metal
Land Information
  • Lot Features: Level
School Information
  • High School: Frostproof Middle - Senior High
  • Middle School: Frostproof Middle Se
  • School Elementary: Janie Howard Wilson Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Off Street, On Street, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Built-in Features
  • Legal Description: RESUB OF BLOCKS 11 & 12 OF LAKE WALES LAND CO SUB PB 30 PG 35 BLK 12 LOT 27
  • Area Major: 33853 - Lake Wales South
  • Occupant Type: Vacant
  • Parcel Number: 27-29-35-879500-012271
  • View: City
  • Views: 25
  • Zoning Code: R-3
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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Nearby Subdivisions
Francis Resub   Lake Wales   Lake Wales Land Co Resub   Lake Wales Land Co Sub   Roosevelt Manor   Thulberrys Second Sub   Twin Lake Park Resub   Twin Lake Park Sub  
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