236 Washington Ave., Lake Wales, FL 33853

236 Washington Ave., Lake Wales, FL 33853
Photo 1 of 9
$800,000
Beds Baths Sq. Ft. Taxes Built
16 8.10 4,123 $5,773 1950
On the market: 51 days
Other active MLS# for this property: O6243795 O6243795

Est. Monthly Payment:

$5,056($4,575 + $481 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Erich Spivey, ALABAMA LLC