Listing Courtesy of: Erich Spivey - ALABAMA LLC
904-276-2555
$800,000
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236 Washington Avenue Lake Wales, FL 33853
Multi-Family
Residence
15
Beds
9
Baths
...
Bed/Bath
4,825
Sq. Ft.
Property Activity
Time on Site
days
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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 buil...ding 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.
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MLS#
O6234192
Property Type
Multi-Family
Bedrooms
15
Bathrooms
Year Built
1950
Square Feet
4,825
sq. ft
Stories
1.0
Sewer
Public Sewer
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