1021 Cohassett Avenue, Lake Wales, FL 33853

$397,000
8
BD
4
BA
2,188
SqFt
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List Price
$397,000
Status
Active
Days on Market
35
MLS#
P4939125
Property Style
Quadruplex
Year Built
1950
Bedrooms
8
Bathrooms
4
Living Area
2,188
Lot Size
23,021
Acres
0.53
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Lake Wales Highland Heights Add
MLS Area Major
Lake Wales South
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(863) 333-5053

Property Description

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

(863) 333-5053
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Additional Information

Taxes
$2811
Community Features
No Deed Restriction
Zoning
R-3
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Electricity Connected, Water Connected
Heating
None
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Stucco
Exterior Features
None
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
27-30-12-921000-004080
Legal Description
LAKE WALES HIGHLAND HEIGHTS ADDITION PB 10 PGS 41A AND 41B BLK D LOT 8
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Listing courtesy of KELLER WILLIAMS REALTY SMART 1. 863-508-3000

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