For sale· 38 days on market
130 D
Lake Wales, FL, 33853·MLS# TB8525074
$299,999
Estimated $1,965/mo estimated
- 2,860
- Sq ft
- 0.15 ac
- Lot size
- 1955
- Year built
- $105
- Per sq ft
- Residential Income
- Built 1955
About this home
Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. Property is occupied, please do not approach the property without coordinating with LA.
Facts & features
Interior
- Living area
- 2,860 sqft
Property
- Type
- ResidentialIncome
- Year built
- 1955
- Lot size
- 0.15 acres
Financial
- Annual taxes
- $4,642
- Price / sqft
- $105
Estimate your monthly payment
$1,965/ month estimated
- Principal & interest$1,565
- Property tax$275
- Insurance$125
Illustrative estimate — not a lending offer.
Location
Lake Wales, FL
Similar homes nearby
Courtesy of MERIDIAN RESIDE
reThought Real Estate
My local team · (407) 974-5509
$299,999
2,860 sqft