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26 W Polk AVENUE Lake Wales, FL $ 499,900
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26 W Polk AVENUE
$ 499,900
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26 W Polk AVENUE

Lake Wales, FL, 33853
$ 499,900
Baths0.0 Sq 1,740

Monthly Estimate*

$ 3,322

26 W Polk AVENUE, Lake Wales, FL 33853 - Image 1
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26 W Polk AVENUE, Lake Wales, FL 33853 - Image 11
View a Virtual Tour
Studio

Multi-Family Home for sale in Lake Wales, FL

for $499,900. This 1,740 square foot home was built in 1925 on a lot size of 0.3.

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! ***Once property has an executed contract access will be granted during due diligence period.***

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Multi-Family Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,290

Style

Quadruplex

Lot Size

0.3

Year Built

1925

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

L4944606
Features
General
Interior Features Other
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Shingle
Exterior Features Other
Zoning C-2
Construction Materials Wood Frame
Year Built 1925
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
County Polk
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name TWIN LAKE PARK SUB
Garage Y/N No
Status Active
Directions FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON LEFT.
City LAKE WALES
Buyer Agent Compensation 2.5%-$295
Senior Community Y/N No
Total Units 4
MLS Area 33853 - Lake Wales South
Lot Size Square Feet 12950
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Polk
Listing Terms Cash Conventional
Tax Annual Amount 2290.52
Public Remarks 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 h
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4944606
Days on Market 1
Standard Status Active
Tax Lot 3
Legal Description TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 3 W 60 FT OF S 185 FT & LOT 4 E 10 FT OF S 185 FT
Water Access Y/N No
Water View Y/N No
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Exterior
Water Source Public
Lot Size Area 12950
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 1916
Lot Dimensions 70 x 185
Lot Size Acres 0.3
Road Surface Type Asphalt Paved
Lot Size Units Square Feet
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Outside
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
Keller Williams Realty Smart 1

Broker

mattmesimer@kw.com

Email

Affordability Calculator

$3,513
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,322
Monthly Property Taxes
$191
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2024$499,900 Listed Price

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26 W Polk AVENUE, Lake Wales, FL, 33853 is a Multi-Family Home for sale at $499,900 with 1,740 sqft and a lot size of 0.3. 26 W Polk AVENUE is a studio with 0.0 baths and was built in 1925. The property's zip code is 33853 which is in Lake Wales, FL

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