Residential Property - Single Family Residence in Lake Wales
Listing Price: $489,900 (Mortgage Calculator →)
Description of Property
Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Wales
County: Polk
Subdivision: Country Oaks Estates
Bedrooms: 4
Bathrooms: 2
Half Baths: 2
Sq. Ft. Gross: 2,806
Sq. Ft. Living Area: 2,160
Cost per (heated) sqare foot: $227
Year built: 1994
Annual Tax: $4,053
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Laminate
Schools
Elementary School: Spook Hill Elem
Middle/Junior High School: McLaughlin Academy Of Excellence
High School: Lake Wales Senior High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Concrete
Foundation: Slab
Roof: Shingle
Exterior Features: Private Entrance
Garage: Yes
Garage Spaces: 2
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Size (acres): 0.52
Lot Size (sq. ft.): 22,446 square feet
Lot Dimensions: 108 x 200
Front Exposure: Northeast
Legal Description & Other Information
Parcel Number: 282933937792000980
Tax Legal Desc.: COUNTRY OAKS ESTATES UNIT 6 PB 75 PG 19 LOT 98 LESS BEG NW COR LOT 98 N89-30-10E 183.49 FT TO NE COR OF LOT 98 S0-02-27E 16 FT N85-30-34W 184.05 FT TO POB
Section: 33
Range: 28
Listing courtesy of THE REALTY MEDICS. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.