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
|
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