$800,000
For Sale

236 WASHINGTON AVENUE

Lake Wales, FL 33853
4123 sqft | 16 beds | 8.5 baths | 0.35 acres | #O6243795
Browse 9 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

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.

  • Interior Details
      • InteriorOpen Floorplan
    • Beds & Baths
      • Bathrooms8.5
      • Bedrooms16
      • Full Baths8
      • Half Baths1
  • Property Details
      • Exterior MaterialsCourtyard
      • Stories1
    • Measurements
      • Acres0.35
      • Square Feet4123
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionLAKE WALES LAND CO SUB
    • Location
      • CountyPolk
  • Financial Details
      • Original List Price$950,000
      • Taxes Annual$5,773
      • Days on Market (Cumulative)60
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #O6243795

Location

Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: William Barnes | Broker

Last Updated: . Source: SMLS

Listing Courtesy
Listing Agent: Erich Spivey (#MFR261211724)
Listing Office: ALABAMA LLC (#MFR261014126)

William Barnes | BrokerReal Estate Group
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Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    © BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: William Barnes | Broker