$725,000
236 WASHINGTON AVENUE
LAKE WALES, FL, 33853
Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and
exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at
capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is
BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022,
and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not
raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at
capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is
BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022,
and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not
raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
Property Details
Price:
$725,000
MLS #:
O6243795
Status:
Active
Beds:
16
Baths:
8.5
Address:
236 WASHINGTON AVENUE
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
LAKE WALES LAND CO SUB
Neighborhood:
33853 – Lake Wales South
City:
LAKE WALES
Listed Date:
Sep 22, 2024
State:
FL
Finished Sq Ft:
4,123
Total Sq Ft:
4,123
ZIP:
33853
Lot Size:
15,355 sqft / 0.35 acres (approx)
Year Built:
1950
Schools
Interior
Appliances
Cooktop, Range, Refrigerator
Bathrooms
8 Full Bathrooms, 1 Half Bathroom
Cooling
Wall/ Window Unit(s)
Flooring
Tile
Heating
Electric
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Construction Materials
Block
Exterior Features
Courtyard
Roof
Shingle
Financial
Tax Year
2023
Taxes
$5,773
Mortgage Calculator
Map
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236 WASHINGTON AVENUE
LAKE WALES, FL
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