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236 Washington Avenue, LAKE WALES, FL 33853
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236 Washington Avenue
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Priced at Only: $725,000
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Address: 236 Washington Avenue, LAKE WALES, FL 33853
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  • MLS#: O6243795 ( Single Family )
  • Street Address: 236 Washington Avenue
  • Viewed: 149
  • Price: $725,000
  • Price sqft: $176
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 4123
  • Bedrooms: 16
  • Total Baths: 9
  • Full Baths: 8
  • 1/2 Baths: 1
  • Days On Market: 185
Description
Amazing opportunity to expand your real estate holdings in fast growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8 plex is always at capacity in a single story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
Description
Amazing opportunity to expand your real estate holdings in fast growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8 plex is always at capacity in a single story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
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  • Views: 149
Nearby Subdivisions
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