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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,865 sqft
Price per Sqft $95
Subdivision Alta Vista
MLS Listing ID K4902068
Sold Date 07/03/23
Bedrooms 10
HOA Y/N No
Originating Board Stellar MLS
Year Built 1930
Annual Tax Amount $9,729
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 132x121
Property Description
GREAT OPPORTUNITY TO PURCHASE a value-add Apartment Complex in one of the fastest growing markets in the heart of Central Florida. The GRAND FLORIDIAN apartment complex houses 10 units with desirable layouts and are of comfortable sizes. The apartments offer original hardwood flooring, with a living room, dining room, kitchen, bedroom and full bathroom. The property has laundry facilities and its own private parking lot. The convenience of this in-town location is suitable for walking or biking on quiet streets and numerous sidewalks that lead to city parks, lakes and sports fields. It’s an enjoyable location to Historic Downtown Lake Wales, library, restaurants and shops. This is a grand investment property to consider adding to your monetary portfolio with continual long-term rent income or to consider a different avenue as, Vacation Rental Operator for winter residents and/or short-term destination retreat. Seller will entertain a combined purchase with 21-unit complex just minutes away at the Court of Seven Chimneys on Park Avenue. (No seller financing no assumable mortgage)
Location
State FL
County Polk
Community Alta Vista
Zoning R-3
Interior
Interior Features Ceiling Fans(s), Solid Wood Cabinets
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Laminate, Wood
Fireplace false
Appliance Electric Water Heater, Range, Range Hood, Refrigerator
Laundry Outside
Exterior
Exterior Feature Lighting, Sidewalk
Parking Features Driveway, Guest, Open, Oversized
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Roof Type Membrane, Shingle
Porch Covered
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, Level, Near Public Transit, Oversized Lot, Sidewalk, Paved
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete, Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with FUTURE HOME REALTY INC
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