This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike Deliverina an imprecsive wabout 8% can rate with an all-cash nurchase_and closer to about a 9% cap with just 20% down at today's prevailing rates -this is compellina. for those looking to live in one unit. the numbers make ownership more affordable than rentina. while the second unit helns offset vour mortaage The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed. the seller is offerina a $10.000 concession
| MLS # | B26042757 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 105 |
| Listing Provided By | Simon Gray Realty LLC | Penny Dias |
| SQ Feet | 1,455 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | R3 |
| Acreage | 0.23 |
| Water Front | Yes |
| Property View | Yes |
| Lot Features | None, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 3631.09 |
|---|
| State | FL |
|---|---|
| County | Polk |
| City | Lake Wales |
| Zip Code | 33853 |
| Area | 5940 Other Florida County |
| Subarea | Other |
| Community Name | NORTHSIDE HEIGHTS |
| Listing VS Median (in NORTHSIDE HEIGHTS) | |
Price: $254,600 low | high Med: $254,600 sqft: 1,455 low | high Med: 1,455 $ / sqft: $175 low | high Med: $175 On site: 105 low | high Med: 105 | |
| State | FL |
|---|---|
| County | Polk |
| City | Lake Wales |
| Zip Code | 33853 |
| Area | 5940 Other Florida County |
| Subarea | Other |
| Community Name | NORTHSIDE HEIGHTS |
| Listing VS Median (in NORTHSIDE HEIGHTS) | |
Price: $254,600 low | high Med: $254,600 sqft: 1,455 low | high Med: 1,455 $ / sqft: $175 low | high Med: $175 On site: 105 low | high Med: 105 | |