225 W Northside Drive, Lake Wales, FL 33853
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: david small, jordan kelley
Office: keller williams realty smart 1
MLS#:L4961375
Source:MFRMLS
Price summary
- Price:$165,000
- Price per sq. ft.:$177.04
About this home
INVESTOR OPPORTUNITY — RENTAL INCOME ALREADY IN PLACE!
Looking for an investment property with rental income from day one? This well-maintained 3-bedroom, 1-bath concrete block home is currently rented for $1,225 per month, providing an immediate income-producing opportunity for an investor looking to add a solid property to their portfolio.
The home has already received several desirable updates, helping minimize immediate renovation needs. The recently updated kitchen features stainless steel appliances, while ceramic tile flooring throughout the main living areas offers durability and easy maintenance. The bedrooms feature brand-new carpet, and the updated bathroom includes a single vanity and tub.
A dedicated laundry area with an included washer and dryer adds convenience for tenants and additional appeal as a rental property.
The generously sized lot is fully fenced in both the front and backyard with chain-link fencing, offering valuable outdoor space for tenants and pets. The grassy front yard provides curb appeal, while the unpaved driveway accommodates up to three vehicles.
Located near Lake Wales Park and Kiwanis Park, the property offers convenient access to recreation, shopping, dining, and everyday necessities.
With a tenant already in place at $1,225/month, updated interior features, durable block construction, and a spacious fenced lot, this property offers investors an opportunity to acquire an established rental rather than starting from scratch.
Income-producing. Tenant occupied. Updated. Low-maintenance block construction. Ready for its next investor....
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Home facts
- Year built:1964
- Subdivision & Development:ACREAGE
- Listing ID #:L4961375
- Added:193 day(s) ago
- Updated:November 09, 2026 at 08:33 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Tile
- Kitchen Description:Range, Refrigerator
- Living area:912 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1964
- Building area:912 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Block
- Exterior Features:Lighting
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$165,000
- Price per sq. ft.:$177.04
- Tax amount:$2,087 (2025)
Features and amenities
- Appliances:Dryer, Range, Refrigerator, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Amenities:Cable Available
- Pool features:Public Pool
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