$550,000
 $3,123 est/mo Sourced by Back At You

335 E Central Ave , LAKE WALES, FL 33853

LAKE WALES, FL 33853

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Description

Investor Alert! Great income producing investment property in the heart of Lake Wales currently providing $ 54,900.00 of annual income! 4 rental units on the premises including the main residence that offers a 3 bedroom 2 bath refurbished 1923 craftsman style bungalow. There are two separate free standing buildings at the rear of the property that includes 2 bedrooms & 1 bath, and 1 bedroom and 1 bathroom. There is also an apartment on the back of the main residence which offers a 1 bedroom and 1 bath. All units have separate meters for electric and water. All units other than the main residence have window ac units. This property also includes the adjacent green-space on the property next to the main residence and fronts Central Avenue which has potential to add additional rental units. Location allows quick access to downtown restaurants , grocery stores, schools, and one block to the lake and park to enjoy. Ample parking for all tenants. All units are on annual leases with an opportunity to increase rates to market value. Measurements include all 4 units square footage and are approximate therefore not exact. Don't let this great opportunity pass. By appointment only. Preferred afternoon showings due to night shift of tenants.

Details

MLS#P4931739
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1923
Days On Site21
Listing Provided ByFLORIDA REALTY INVESTMENTS | Shawn Tingle

Features

Bed(s)7
Bath(s)5
SQ Feet3,728
Story(s)1
Units4
ZoningR-2
Acreage0.41

Market Activity 33853

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 16, 2024 at 3:29:31 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 44 seconds ago
StateFL
CountyPolk
CityLAKE WALES
Zip Code33853
Area33853 Lake Wales South
Community NameLAKE WALES
School DistrictLake Wales Senior High
Elementary SchoolSpook Hill Elem
Middle SchoolMclaughlin Middle
High SchoolLake Wales Senior High
Listing VS Median (in LAKE WALES)
Price:
$550,000
low | high
Med:
$235,000
100% of Average
SqFt:
3,728
low | high
Med:
1,522
100% of Average
$ / SqFt:
$148
low | high
Med:
$154
45.343447616772% of Average
On Site:
21
low | high
Med:
170.000000
12.352941176471% of Average
Sourced by Back At You
Listing Updated: September 13, 2024 at 7:52:10 PM PDT