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

$299,999
2,860
SqFt

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List Price
$299,999
Status
Active
Days on Market
26
MLS#
TB8525074
Property Style
Quadruplex
Year Built
1955
Living Area
2,860
Lot Size
6,665
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Lincoln Park Add
MLS Area Major
Lake Wales South

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

Taxes
$4642
Community Features
No Deed Restriction
Zoning
C-2
Interior Layout
Other
Interior Features
Other
Utilities
Other
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Other
Roof
Metal
Foundation
Slab
Pool
No Pool
Elementary School
Spook Hill Elem
Middle School
Mclaughlin Academy Of Excellence
High School
Frostproof Middle - Senior High
Flood Zone Code
X
Parcel ID
27-29-35-880000-001080
Legal Description
LOT 8, BLOCK 1, LINCOLN PARK ADD, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 9, PAGE 19 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA.

Listing courtesy of MERIDIAN RESIDE. 727-777-6676

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