130 D Street Unit 1,2,3,4, Lake Wales South, FL 33853

$299,999
2,860
SqFt

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List Price
$299,999
MLS#
TB8525074
Sq. Ft
2,860
Lot Size
6,665
Subtype
Quadruplex
County
Polk
Community
No Deed Restriction
Subdivision
Lincoln Park Add
Region
Lake Wales South
Year Built
1955

Property Description

Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. Property is occupied, please do not approach the property without coordinating with LA.

Additional Information

Heating
Central
Cooling
Central Air
Roof
Metal
Sewer
Public Sewer
Exterior Features
Other
Construction
Block, Concrete, Stucco
Living Area
2,860
Elementary School
Spook Hill Elem
Middle School
Mclaughlin Academy Of Excellence
High School
Frostproof Middle - Senior High

Listing courtesy of MERIDIAN RESIDE. Contact: 727-777-6676

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Calculator source: Real Geeks