1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

Address Not Provided

Priced at Only: $425,000

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  • MLS#: O6368979 ( Residential Income )
  • Street Address: Address Not Provided
  • Viewed: 32
  • Price: $425,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 6
  • Days On Market: 30
Description
Exceptional Investment Opportunity in Lake Wales Presenting a prime income producing property located at 107 A Street, perfectly positioned in the heart of Lake Wales. This versatile multi family asset features a total of six units, all designed as efficient one bedroom residences, offering a steady and reliable stream of income. With a total heated area of 2,880 square feet, this building is situated on a spacious 0.31 acre lot zoned C 2, providing both immediate utility and future potential. Constructed with durable concrete block and a low maintenance membrane roof, the property is built to last. The interior units are finished with practical tile flooring and come equipped with essential appliances, including ranges and refrigerators. Comfort is managed through efficient wall/window cooling units and electric heating. For ease of management, the property is connected to public water and sewer systems and features individual metering for electric, water, and sewer services. Strategically located just minutes from local landmarks and schools like Spook Hill Elementary, this property sits in Flood Zone X, which typically does not require flood insurance.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sidewalk
  • Flooring: Tile
  • Living Area: 2880.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
School Information
  • High School: Frostproof Middle - Senior High
  • Middle School: Mclaughlin Middle
  • School Elementary: Spook Hill Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Ductless
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Built-in Features
  • Legal Description: LAKE WALES LAND CO SUB PB 5 PG 11 BLK 1 LOTS 9 & 10
  • Levels: Three Or More
  • Area Major: 33853 - Lake Wales South
  • Parcel Number: 27-29-35-879000-001090
  • Possession: Close Of Escrow
  • View: Trees/Woods
  • Views: 32
  • Zoning Code: C-2

Contact Info

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  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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