$950,000
- Beds
- 16
- Baths
- 8.5
- sq ft
- 4,123
236 Washington Ave, Lake Wales, FL 33853
236 Washington Ave
LAKE WALES, FL 33853
- 14 days on market
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.
Details
Property type
Lot size
0.35 acres
Price per sq ft
$231
Year built
1950
Annual property taxes
$5,773.23
HOA
No
Price History
09/22/2024
StellarMLS #O6243795
Listed
$950,000
+578.57%
01/27/2017
StellarMLS #T2845834
Sold
$140,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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House5749 Lake Mabel Loop Rd, Lake Wales, FL 33898
Status: Active
Tomo last checked: 10/06/2024 at 11:20 AM
Listing updated: 09/23/2024 at 1:08 PM
Listed by: Erich Spivey, ALABAMA LLC Phone #: (904) 276-2555
MLS: StellarMLS #O6243795
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