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130 D STREET 1,2,3,4

LAKE WALES, FL 33853

MLS#: TB8525074

$299,999

Status: Active
Listing number: TB8525074
Listing provided by: MERIDIAN RESIDE
Listing agent phone: None
Last update: 5 days ago
On site: 5 days ago
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LINCOLN PARK ADD - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1955

Sq.Footage

2,860

Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. No showing allowed without an executed contract. Please do not approach the property since it is occupied

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Stucco

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.15

  • Lot Size(square feet)

    6665.0

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $299,999

  • Tax Amount

    $4,642

  • Sq. Footage

    2, 860

  • Price/SqFt

    $104

HOA

  • Association

    No

School District

  • Elementary School

    Spook Hill Elem

  • Middle School

    McLaughlin Academy Of Excellence

  • High School

    Frostproof Middle - Senior High

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

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Location

County

Polk

Elementary School

Spook Hill Elem

Middle School

McLaughlin Academy Of Excellence

High School

Frostproof Middle - Senior High

Listing Courtesy of Terry Connors, II , MERIDIAN RESIDE

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Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. No showing allowed without an executed contract. Please do not approach the property since it is occupied

130 D STREET 1,2,3,4

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