$350,000
$430,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
2,496 SqFt
SOLD DATE : 07/21/2023
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $140
Subdivision Lake Wales Land Co Sub
MLS Listing ID S5080016
Year Built 1956
Annual Tax Amount $878
Lot Size 8,712 Sqft
Property Description
You cannot miss this opportunity to own this CASH-FLOWING money machine quadplex!!! This quadplex has four 2 bedroom/1 bath units! Perfect 1031 exchange/ investor opportunity that is turnkey!!! 3 vacant units, going market rental amount in the area ranging from $1150-$1250 per unit. Unit 4 monthly rental payment comes from Housing Authority for guaranteed timely rental payment. Tenants pay for electric and water. SOLD AS IS . Area of strong rental demand.
Location
State FL
County Polk
Community Lake Wales Land Co Sub
Zoning R-3
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Fence, Private Mailbox
Utilities Available Cable Available, Electricity Available, Sewer Available, Street Lights, Water Available
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Block, Concrete
New Construction false
Schools
Elementary Schools Spook Hill Elem
Middle Schools Mclaughlin Middle
High Schools Frostproof Middle - Senior High
Others
Special Listing Condition None
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Bought with EXP REALTY LLC