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Perry Kemp

pk@perrykemprealty.com +1(863) 289-9238

$ 299,999

Est. payment | -/mo

2,860 SqFt

Save Virtual Tour

$ 299,999

Est. payment | -/mo

Save Virtual Tour

2,860 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,860 sqft

Price per Sqft $104

Subdivision Lincoln Park Add

MLS Listing ID TB8525074

HOA Y/N No

Year Built 1955

Annual Tax Amount $4,642

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. 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. Property is occupied, please do not approach the property without coordinating with LA.

Location

State FL

County Polk

Community Lincoln Park Add

Area 33853 - Lake Wales South

Zoning C-2

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Other

View Y/N No

Water Access No

Roof Type Metal

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Schools

Elementary Schools Spook Hill Elem

Middle Schools Mclaughlin Academy Of Excellence

High Schools Frostproof Middle - Senior High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8525074

Listed by Terry Connors, II MERIDIAN RESIDE

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(863) 289-9238

pk@perrykemprealty.com

130 D ST #1, 2, 3, 4 Lake Wales, FL 33853

Perry Kemp

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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130 D ST #1,2,3,4