Bought with AGILE GROUP REALTY
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303 E POLK AVE Lake Wales, FL 33853
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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,669 sqft
Price per Sqft $130
Subdivision Lake Wales
MLS Listing ID L4944595
Sold Date 10/01/25
Bedrooms 5
HOA Y/N No
Year Built 1925
Annual Tax Amount $6,581
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 150x180
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
***PRICE REDUCTION***Looking for an investment opportunity look no further! This single family home also has a detached 1 bedroom 2 bathroom unit, and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached efficiency with 1 bed and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,900.00 and an annual gross income of $82,800.00. So call today to get in on the action before this amazing opportunity slips away!
Location
State FL
County Polk
Community Lake Wales
Area 33853 - Lake Wales South
Zoning C-2
Interior
Interior Features Other
Heating Central, Ductless
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Laundry Inside, Laundry Room
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace, Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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