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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 ( Residential )
  • Street Address: 236 Washington Avenue
  • Viewed: 140
  • 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: 181
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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  •   HOA Fees $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard
  • Fencing: Fenced, Wood
  • Flooring: Tile
  • Living Area: 4123.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Cooktop, Range, Refrigerator
  • Country: US
  • Interior Features: Open Floorplan
  • Legal Description: LAKE WALES LAND CO SUB PB 5 PG 11 BLK 3 LOTS 17 & 18
  • Levels: One
  • Area Major: 33853 - Lake Wales South
  • Occupant Type: Tenant
  • Parcel Number: 27-29-35-879000-003170
  • Views: 140
  • Zoning Code: R-3
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Headshot for Associate Samantha Archer
  1. Samantha Archer, Broker
  2. Tropic Shores Realty
  3. Mobile: 727.534.9276
  4. samanthaarcherbroker@gmail.com