116 E NORTHSIDE DRIVE

$575,000

$235/sq ft

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Overview

Bedroom

8

Year Built

1964

Sqft

2448

Property Type

Quadruplex

Property Description

Under contract-accepting backup offers. Northside Apartments, is a 4 unit multifamily property located in Lake Wales, Polk County, Florida. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units have 2-bedroom, 1-bathroom configurations and have been fully renovated within the last two years. Both electricity and water are sub-metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations. The roofs are in their active life cycle and remain in good condition, contributing to the property’s overall low-maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.

Property Details

MLS#

TB8437410

Address

116 NORTHSIDE E

City

Lake Wales

State/county

FL

Zip/Postal Code

33853

Area

Northside Heights

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,998

Maint Fee

$--

Tax Year

2024

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Boris Gelfand