$300,000
$250,000
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2,880 SqFt
SOLD DATE : 04/01/2022
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $104
Subdivision Lake Wales Land Co Sub
MLS Listing ID P4919097
Sold Date 04/01/22
Construction Status No Contingency
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,998
Lot Size 0.310 Acres
Acres 0.31
Property Description
Offers were delivered to the sellers yesterday. I'm waiting on their decision now. Multiple offers received. Sellers asking for highest and best by Monday morning. Great income opportunity. This is a 6 unit concrete block building on a concrete slab. A new roof membrane was installed in 2019 and carries a 5 year warranty. All units have 480 square feet, each is a one bedroom one bathroom efficiency and have the same floor plan, each has a refrigerator, range, and electric water heater and each has a wall ac unit. Some units are heated with reverse cycle wall\window units and some have electric heaters. The owner pays for water and sewer since there is one meter but each tenant pays their own power bill. Rental history for 2021 is not available yet but will be made available to qualified buyers when it is ready. Buyer is responsible to verify condition using their own licensed inspectors and verify income with current property management company. All information provided by seller including income statements.
Location
State FL
County Polk
Community Lake Wales Land Co Sub
Zoning C-2
Interior
Interior Features Ninguno
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront false
View Park/Greenbelt
Roof Type Membrane
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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