$210,000
$225,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
3,476 SqFt
SOLD DATE : 05/21/2021
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,476 sqft
Price per Sqft $60
Subdivision Lake Wales Land Co Sub
MLS Listing ID T3303871
Sold Date 05/21/21
Construction Status No Contingency
HOA Y/N No
Year Built 1941
Annual Tax Amount $2,974
Lot Size 0.890 Acres
Acres 0.89
Lot Dimensions 65x15
Property Description
Fantastic investment opportunity on almost an acre of land!! Great location between 27 at 17 and 60 with a total of 4 buildings. Property does need some rehab, however, this is a great investment opportunity. Two of buildings are big 4/2 rentals, one is a studio/duplex with two 1/1 rentals and the last building the owner started converting to a 3/1 or could remain a studio/duplex for a total of 6 potential rental units. All of the units can be converted back to 1/1 units for a total of 8 units, as each unit still has two electric meters or all can possibly be converted to 4/2. This is a great fixer upper investment opportunity especially with, the rental availability in the area this is a steal. Please do NOT contact/disturb tenants. The property is sold AS IS. Escrow deposit of $5,000 and maximum 3 day inspection period. CASH OFFERS ONLY PLEASE.
Location
State FL
County Polk
Community Lake Wales Land Co Sub
Zoning R-3
Interior
Heating Other
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Roof Type Metal
Porch Front Porch
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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