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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $176
Subdivision Lake Wales
MLS Listing ID A4608375
Sold Date 05/21/24
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $1,628
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 75x180
Property Description
This Duplex located in Historic Downtown Lake Wales. Directly across the street is Crystal Lake Park. The neighborhood and community is very quite close to all of Lake Wales playgrounds, tennis courts, and acres of open fields.
This property is a 2 Bedroom, 1 Bathroom on each side currently yielding $1055 per month in rental income each ($2110 Gross monthly rents). Leases are currently MONTH TO MONTH. The property has a new roof installed in 2022, HVAC systems for both units upgraded in 2018, and the convenience of tankless water heaters. Electrical is on separate meters, water is on a master meter. APPRAISED IN DECEMBER 2022 FOR $285,00, PLEASE SEE LAST PHOTO & MLS ATTACHMENTS.
Location
State FL
County Polk
Community Lake Wales
Zoning R-2
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Tile
Fireplace false
Laundry Laundry Closet
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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