For sale· 672 days on market
1854 HIGHLAND PARK
Lake Wales, FL, 33898·MLS# K4902471
$824,900
Estimated $5,402/mo estimated
- 6
- Bedrooms
- 8
- Bathrooms
- 4,264
- Sq ft
- 0.99 ac
- Lot size
- 1923
- Year built
- $193
- Per sq ft
- Residential Income
- Built 1923
- 0.99 acre lot
About this home
Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx. $6850. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 8 full
- Living area
- 4,264 sqft
Property
- Type
- ResidentialIncome
- Year built
- 1923
- Lot size
- 0.99 acres
Financial
- Annual taxes
- $12,067
- Price / sqft
- $193
Estimate your monthly payment
$5,402/ month estimated
- Principal & interest$4,302
- Property tax$756
- Insurance$344
Illustrative estimate — not a lending offer.
Location
Lake Wales, FL
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Courtesy of LEGACY REAL ESTATE CENTER INC
reThought Real Estate
My local team · (407) 974-5509
$824,900
6 bd · 8 ba · 4,264 sqft


