Lake Wales FL Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- 924
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- P4931892
- Subdivision:
- Lake Wales Land Co Sub
View additional info
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
David Small
ADDITIONAL INFORMATION
Discover this well-located triplex situated near Lake Wales, just moments away from shopping and entertainment. This property features open-concept layouts that maximize space and natural light, creating inviting living areas in each unit. Perfect for investors or those seeking multi-generational living, this triplex offers a great opportunity in a vibrant community. With its convenient location, residents will enjoy easy access to local amenities while still benefiting from a peaceful neighborhood atmosphere. Don’t miss your chance to own this versatile property in a sought-after area. Schedule your showing today!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1956
- Baths:
- 4.00
- MLS#:
- L4947152
- Subdivision:
- Lake Wales Land Co Sub
View additional info
Courtesy: LIVE FLORIDA REALTY
863-868-8905
Cynthia White
ADDITIONAL INFORMATION
Looking for an investment property in central Florida? Look no further. You must see this conveniently located income property in sunny Lake Wales! All units in this renovated quadruplex are leased for immediate cash flow upon closing. Updated fixtures, granite counter tops, and trending color palates make these apartments highly desirable. Call for a showing. Please do not disturb the tenants.
- Type:
- Fourplex
- Sq.Ft.:
- 4,000
- Status:
- Active
- Beds:
- 7
- Year built:
- 1923
- Baths:
- 5.00
- MLS#:
- P4931739
- Subdivision:
- Lake Wales
View additional info
Courtesy: FLORIDA REALTY INVESTMENTS
407-207-2220
Shawn Tingle
ADDITIONAL INFORMATION
Investor Alert! Current CAP Rate of 8.5%! Great income producing investment property in the heart of Lake Wales currently providing $ 55,200.00 of annual income with room for increases. 4 rental units on the premises including the main residence that offers a 3 bedroom 2 bath refurbished 1923 craftsman style bungalow. There are two separate free standing buildings at the rear of the property that includes 2 bedrooms & 1 bath, and 1 bedroom and 1 bathroom. There is also an apartment on the back of the main residence which offers a 1 bedroom and 1 bath. All units have separate meters for electric and water. All units other than the main residence have window ac units. This property also includes the adjacent green-space on the property next to the main residence and fronts Central Avenue which has potential to add additional rental units. Location allows quick access to downtown restaurants , grocery stores, schools, and one block to the lake and park to enjoy. Ample parking for all tenants. All units are on annual leases with an opportunity to increase rates to market value. Measurements include all 4 units square footage and are approximate therefore not exact. Don't let this great opportunity pass. By appointment only. Preferred afternoon showings due to night shift of tenants.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1964
- Baths:
- 4.00
- MLS#:
- O6211984
- Subdivision:
- Northside Heights
View additional info
Courtesy: OLYMPUS EXECUTIVE REALTY INC
407-469-0090
Ronald Pettway
ADDITIONAL INFORMATION
Welcome to 114 E Northside Drive convinenlty located just off of US 27 close to many malls, restaurants and markets. This turnkey waterfront property is a quadraplex that consists of 2 duplexes that include 2 two bedroom one bathroom updated apartments. The buildings all have had roofs replaced within the last 4 years. Most of HVAC systems and water heaters have been replaced within the same timeframe as well. All apartments have been recently painted and updated with new doors, light fixtures, windows and trim. This is a great opportunity for a landlord to add these low maintenance income producing properties to their portfolio. Buildings next door are also available for sale as a package deal. Listing agent has equitable interest in property.
- Type:
- Fourplex
- Sq.Ft.:
- 1,916
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- L4944606
- Subdivision:
- Twin Lake Park Sub
View additional info
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
Matt Mesimer
ADDITIONAL INFORMATION
Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!
- Type:
- Fourplex
- Sq.Ft.:
- 4,116
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- L4944595
- Subdivision:
- Lake Wales
View additional info
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
Matt Mesimer
ADDITIONAL INFORMATION
**Buyers financing fell through***Looking for an investment opportunity look no further! This single family home also has a detached duplex 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 duplex with 2 studios and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,635.00 and an annual gross income of $79,620.00. So call today to get in on the action before this amazing opportunity slips away!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Year built:
- 2024
- Baths:
- 8.00
- MLS#:
- S5103045
- Subdivision:
- Cary Walters Sub
View additional info
Courtesy: LA ROSA REALTY LLC
321-939-3748
Mark Peters
ADDITIONAL INFORMATION
Under Construction. (Historic Lake Wales, FL Downtown District). 2 Buildings: Different floorplans 2 units per building Total of 4 units WEST PARK AVE: The first duplex with the main entrance on West Park Avenue showcases an open layout which merges the living, dining, and kitchen areas, resulting in a comfortable and versatile living space for its residents. Each unit boasts a spacious 1,050 sq. ft. of living space. Parking is available on the driveway. Interior of the home features durable and easy-to-maintain, all tile flooring. As you enter, you will be captivated by the clean lines and contemporary design. The walls are freshly painted in neutral, airy hues which reflect the natural light and convey peace and tranquility. To enhance lighting and comfort, a ceiling fan is installed in the family room and all bedrooms. Kitchen is equipped with stainless steel appliances: refrigerator, stove, hood range, dishwasher, and ample storage cabinets for preparing and cooking meals. Laundry closet is located nearby for convenience and efficiency with all connections for washer and dryer. The roomy and cozy primary suite is ideally located in the front of the property facing tree-lined historic Park Avenue. The en-suite bathroom with sleek design elements such as modern tiled shower/tub combo, vanity sink, toilet, and a closet to tuck away essentials is designed for a luxurious retreat after a long day. Nestled at the back of each unit are two additional bedrooms, where natural sunlight casts a warm glow creating a serene atmosphere. A second bathroom is positioned close to the bedrooms to streamline daily routines. MLK BLVD: Adjacent to the duplex on Park Avenue West, is the second duplex facing MLK Blvd. Each unit boasts a spacious 1,090 sq. ft. of living space. Parking is available on the driveway. As you step inside, you will enter into the heart of the home - the kitchen. This culinary space will captivate you with its contemporary, modern kitchen, which is fitted with stainless steel appliances: full-sized refrigerator, stove, hood range, dishwasher, ample cabinet storage, and a kitchen window offering a view outside above the sink area. The primary bedroom is located at the rear of the property and includes a luxurious en-suite bathroom creating a spa-like ambiance for unwinding, relaxation, and rejuvenation. Outfitted with sleek design elements, including a modern tiled-bathroom, shower/tub combo, stylish vanity sink, a toilet, and a closet for storing linens and toiletries are found in the en-suite bathroom. Two additional bedrooms offer a quiet retreat, and a modern hallway bathroom serves the needs of both rooms efficiently and harmoniously. Laundry closet is located nearby for convenience and efficiency with all connections for washer and dryer.
$260,000
331 E Street Lake Wales, FL 33853
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- S5099484
- Subdivision:
- Fresco Park
View additional info
Courtesy: EXIT REALTY 4CORNERS
863-344-3948
Carlos DeJesus
ADDITIONAL INFORMATION
Welcome to an exceptional investment opportunity! This meticulously maintained duplex offers two separate units, each featuring 1 bedroom and 1 bathroom, making it an ideal income-producing property. Nestled in a desirable location, this duplex combines practicality with potential, ensuring a steady stream of rental income. The property has been meticulously maintained, reducing the need for ongoing repairs and maintenance costs. Whether you're a seasoned investor or just starting in the real estate market, this duplex is a fantastic addition to your portfolio. This duplex is not just a property; it's a strategic investment in your financial future. Don't miss the chance to capitalize on the steady income and growth potential offered by this exceptional duplex. Schedule a viewing today and explore the possibilities that await you!
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Lake Wales Real Estate
The median home value in Lake Wales, FL is $142,500. This is lower than the county median home value of $178,100. The national median home value is $219,700. The average price of homes sold in Lake Wales, FL is $142,500. Approximately 47.94% of Lake Wales homes are owned, compared to 37.83% rented, while 14.23% are vacant. Lake Wales real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Wales real estate agent to arrange a tour today!
Lake Wales, Florida 33853 has a population of 15,401. Lake Wales 33853 is less family-centric than the surrounding county with 21.93% of the households containing married families with children. The county average for households married with children is 25.22%.
The median household income in Lake Wales, Florida 33853 is $40,499. The median household income for the surrounding county is $45,988 compared to the national median of $57,652. The median age of people living in Lake Wales 33853 is 37.7 years.
Lake Wales Weather
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 51.6 inches per year, with 0 inches of snow per year.