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

$164,980

$5,402/ month estimated

  • Principal & interest$4,302
  • Property tax$756
  • Insurance$344

Illustrative estimate — not a lending offer.

Location

Lake Wales, FL

Similar homes nearby

Courtesy of LEGACY REAL ESTATE CENTER INC

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Listing data courtesy of LEGACY REAL ESTATE CENTER INC. My request routes to reThought Real Estate in DashBrew CRM.

$824,900

6 bd · 8 ba · 4,264 sqft