$385,000
$399,950
3.7%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Lake Wales, FL 33853
8 Beds
4 Baths
2,668 SqFt
Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,668 sqft
Price per Sqft $144
Subdivision Lake Wales Land Co Sub
MLS Listing ID L4957393
Sold Date 03/09/26
Bedrooms 8
HOA Y/N No
Year Built 1947
Annual Tax Amount $3,064
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 48 X 133
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.
Location
State FL
County Polk
Community Lake Wales Land Co Sub
Area 33853 - Lake Wales South
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Range, Range Hood, Refrigerator
Laundry None
Exterior
Exterior Feature Balcony
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Frame
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Joseph Sisco Torres LPT REALTY, LLC