1021 COHASSETT AVENUE

$397,000

$181/sq ft

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Overview

Bedroom

8

Year Built

1950

Sqft

2188

Property Type

Quadruplex

Property Description

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

Property Details

MLS#

P4939125

Address

1021 COHASSETT

City

Lake Wales

State/county

FL

Zip/Postal Code

33853

Area

Lake Wales Highland Heights Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,811

Maint Fee

$--

Tax Year

2025

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Boris Gelfand