$304,000
$330,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
26 & 22 W POLK AVE Lake Wales, FL 33853
2,899 SqFt
Key Details
Sold Price $304,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,899 sqft
Price per Sqft $104
Subdivision Twin Lake Park Sub
MLS Listing ID O5994814
Sold Date 02/07/22
HOA Y/N No
Year Built 1925
Annual Tax Amount $1,704
Lot Size 0.550 Acres
Acres 0.55
Property Description
Here is a great investment opportunity! Offered are 2 parcels in the heart of Lake Wales. These buildings have been reconfigured into 6 rentable units. 26 w Polk has 4 units and 22 W Polk has 2 units. Four of the five tenants are month to month allowing the new owner to do what work he might want to renew leases and keep the money flowing. Both buildings had new roofs installed in May of 2020. You can find additional information regarding income and expenses in the attachments. The parcels are zoned for commercial use so there are many options for how you can make the highest and best use of the property. Don't wait and miss out on this opportunity!
Location
State FL
County Polk
Community Twin Lake Park Sub
Zoning C-2
Interior
Interior Features Other
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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Bought with KELLER WILLIAMS REALTY SMART 1