$391,498

$225/sq ft

$108,402
Price Decreased

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Overview

Bedroom

4

Year Built

1925

Sqft

1740

Property Type

Quadruplex

Property Description

***PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!

Property Details

MLS#

L4944606

Address

26 POLK W

City

Lake Wales

State/county

FL

Zip/Postal Code

33853

Area

Twin Lake Park Sub

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,290

Maint Fee

$--

Tax Year

2023

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Boris Gelfand