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$800,000

Beds
16
Baths
8.5
sq ft
4,123

236 Washington Ave, Lake Wales, FL 33853

236 Washington Ave

LAKE WALES, FL 33853

  • 47 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

$195

Year built

1950

Annual property taxes

$5,773.23

HOA

No

Price History

11/02/2024
StellarMLS

StellarMLS #O6243795

Price change
$800,000
+128.57%
10/28/2024
StellarMLS

StellarMLS #O6243795

Price change
$350,000
-58.82%
10/21/2024
StellarMLS

StellarMLS #O6243795

Price change
$850,000
-10.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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StellarMLS
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Status: Active

Tomo last checked: 11/08/2024 at 2:10 PM

Listing updated: 11/02/2024 at 11:27 AM

Listed by: Erich Spivey, ALABAMA LLC Phone #: (904) 276-2555

MLS: StellarMLS #O6243795

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