LAKE WALES, FL 33853 236 Washington AVENUE
$950,000
4 more
Presented By: ALABAMA LLC with 904-276-2555. - 904-276-2555
Beds • 15- Baths • 9
- SQFT • 4,123
Beds • 15
Baths • 9
SQFT • 4,123Home Details
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.
Presented By: ALABAMA LLC with 904-276-2555. - 904-276-2555
Interior Features for 236 Washington AVENUE
Bedrooms
Total Bedrooms15
Bathrooms
Total Baths9
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile
Heating Y/NYes
Laundry Featureselectric dryer hookup, washer hookup
General for 236 Washington AVENUE
Additional Parcels Y/NNo
Appliancesconvection oven, electric water heater, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citylake wales
Construction Materialsblock
Coolingwall/window unit(s)
Countypolk
Directionstake us highway 27 south to washington ave, turn l. drive .7 miles and the complex is at the intersection of washington and c st.
Disclosuresnone
Energy Efficientwindows
Exterior Featurescourtyard
Flood Zone Codex
Garage Y/NNo
Heatingelectric
Home Owner AssocYes
Interior Featuresopen floorplan
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlake wales land co sub pb 5 pg 11 blk 3 lots 17 & 18
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet15355
Lot Size Unitssquare feet
MLS Area33853 - lake wales south
Minimum Leaseno minimum
ModificationTimestamp2024-09-22t16:38:25.657z
New ConstructionNo
NumberOfUnitsTotal8
Occupancy Typetenant
Patio/Porch Featurescovered, front porch, rear porch
Percent Ownershipfee simple
Pets Allowedyes
Property SubTypemulti family
Property Typeresidential income
Roofshingle
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelake wales land co sub
Tax Annual Amount1556
Tax Lot17
Tax Year2023
Tenant Payselectricity, water
Termscash, conventional
Total Actual Rent5692
Utilitiescable connected, electricity connected, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1950
Zoningr-3
Exterior for 236 Washington AVENUE
Building Area Total4825
Foundation Detailsblock
Lot Dimensions114 x 134
Lot Featurescorner lot
Lot Size Acres0.35
Lot Size Area15355
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Water Meters8
Road Frontage Typestreet paved
Road Surface Typepaved
SpaNo
Water Sourcepublic
Additional Details
Price History
