116 E Northside Drive, Lake Wales, FL 33853

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116 E Northside Drive,Lake Wales, FL 33853
$575,000
Virtual Tour
  • 8 Beds
  • 4 Baths
  • 2,448 sq. ft.
  • Multi-family
  • Active
Listed by:tito urbano perez
Office:florida realty investments
MLS#:TB8437410
Source:MFRMLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$234.89

About this home

Northside Apartments, is a 4 unit multifamily property located in Lake Wales, Polk County, Florida. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units have 2-bedroom, 1-bathroom configurations and have been fully renovated within the last two years. Both electricity and water are sub-metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations. The roofs are in their active life cycle and remain in good condition, contributing to the property’s overall low-maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.

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Home facts

  • Year built:1964
  • Listing ID #:TB8437410
  • Added:3 day(s) ago
  • Updated:October 17, 2025 at 12:14 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:2,448 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1964
  • Building area:2,448 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$234.89
  • Tax amount:$6,999 (2024)
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