236 WASHINGTON AVENUE

City: | Subdivision:

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.

Basic Details
Property Type : Residential
Residential Sub Type : Half Duplex
Listing Type : For Sale
Listing ID : MFRO6243795
Price : $950,000
Bedrooms : 16
Bathrooms : 8
Half Bathrooms : 1
Square Footage : 4,123 Sqft
Year Built : 1950
Lot Size : 15,355 Sqft
Status : Active
Days On Market : 0
Lot Size Dimensions : 114x134
Standard Status : Active
Features
: Electric
: Wall/window Unit(s)
: Wood , Fenced
: Front Porch , Rear Porch
: Shingle
: Refrigerator , Cooktop , Range
: Courtyard
0
: Tile
0
: Open Floorplan
: Electric Dryer Hookup , Washer Hookup
R-3
Address Map
US
FL
Polk
LAKE WALES
LAKE WALES LAND CO SUB
33853
WASHINGTON
236
AVENUE
0
W82° 24' 28.1''
N27° 54' 48''
Take US Highway 27 South to Washington Ave, turn L. Drive .7 miles and the complex is at the intersection of Washington and C St.
33853 - Lake Wales South
Neighborhood
Neighborhood
Additional Info
ALABAMA LLC
Erich Spivey
$0
: Block
North
: Slab
: One
MFR261211724
MFR261014126
27-29-35-879000-003170
: Public Sewer
: None
1
$5,773
2023
: Cable Connected , Electricity Connected , Water Connected
09-22-2024
SIMILAR PROPERTIES
What is Nearby?

236 WASHINGTON AVENUELAKE WALES, Florida 33853

  • Bedrooms : 16
  • Bathrooms : 8
  • Square Footage: 4,123 Sqft
  • Visits : 1
$950,000
Listing ID#MFRO6243795
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Agent info
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