Address Withheld By Seller, Lake Wales, FL 33853

Lake Wales
Local realty services provided by:Gulf Shores Realty ERA Powered
Address Withheld By Seller,Lake Wales, FL 33853
$385,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: tom novack
Office: hosanna real estate services
MLS#:L4957393
Source:MFRMLS

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Price summary

  • Price:$385,000

About this home

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.

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Home facts

  • Year built:1947
  • Listing ID #:L4957393
  • Added:122 day(s) ago
  • Updated:March 22, 2026 at 06:40 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Kitchen Description:Range, Range Hood, Refrigerator
  • Basement Description:Pillar/Post/Pier

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Construction Materials:Frame, Vinyl Siding
  • Exterior Features:Balcony
  • Foundation Description:Pillar/post/pier
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$385,000
  • Tax amount:$3,065 (2024)

Features and amenities

  • Appliances:Range, Range Hood, Refrigerator
  • Amenities:Cable Connected, Ceiling Fans(s)
  • Pool features:Public Pool
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