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$125,000

Beds
2
Baths
1.0
sq ft
475

524 Washington Ave, Lake Wales, FL 33853

524 Washington Ave

LAKE WALES, FL 33853

  • 183 days on market
***BUYER FINANCING FELL THROUGH*** Home is priced below FHA appraised value for quick sale! This charming 2-bedroom, 1-bathroom home is a TURN KEY ready gem! Perfect for those looking to scale down or seeking an investment property, this lovely residence boasts numerous updates throughout. Upon entering, you'll notice the inviting front enclosed porch, ideal for enjoying your morning coffee or relaxing in the evening. Inside, the home features laminate vinyl plank flooring throughout, providing both durability and aesthetic appeal. Say goodbye to carpet maintenance! The functionality of the home is further enhanced by a brand-new roof, installed in 2023, offering peace of mind for years to come. Additionally, the fenced large backyard with a parking pad offers convenience and security. The layout includes an eat-in kitchen, a hall bath, and two cozy bedrooms, making it both practical and comfortable. Situated in a highly accessible location near Hwy 27 and Alt 17 in historic Lake Wales, this property provides easy access to major highways, as well as the flourishing Lake Wales community's new restaurants and shopping areas. For investors, this property presents a lucrative opportunity with a rate of return of less than 6 years based on market rent in the area. Don't miss out on this fantastic investment potential or the chance to own a beautifully updated home in Lake Wales!

Details

Property type

Single Family Residence

Lot size

5,807 sq ft

Price per sq ft

$264

Year built

1941

Annual property taxes

$639

Price History

08/30/2024
StellarMLS

StellarMLS #S5100068

Price change
$125,000
+4.25%
08/29/2024
StellarMLS

StellarMLS #S5100068

Listed
$119,900
07/18/2024
StellarMLS

StellarMLS #S5100068

Pending
$119,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 09/18/2024 at 8:05 PM

Listing updated: 08/29/2024 at 8:54 PM

Listed by: Norshawndra Smith, MCO REALTY Phone #: (407) 479-8601

MLS: StellarMLS #S5100068

StellarMLS logo

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