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541 Washington Avenue

Lake Wales, FL 33853

– beds
– baths
2,840 sqft
10,751 sqft lot
$63 per sqft
1955 build
– on site

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ATTENTION ALL INVESTORS !!! RECENTLY REMODELED 10BR /8Ba 2840ft2 available now 8 unit property in Lake Wales for sale. Description Total of 8 units: 6 x 1 bed/1 bath rented at $450/month 2 x 2 bed/1 bath rented at $550/month Rented below market value. Gross income is $3000/month. Owner pays insurance and taxes only. Very low expenses. Financial Summary (Actual) Scheduled Gross Income $36,000 Net Operating Income $32,110 Industrial area with lots of growth and potential. Located minutes away from the Florida's Natural Orange Juice Plant in Lake Wales, FL. Accepting all offers!

Listing courtesy of STELLAR_MLS / EMPIRE NETWORK REALTY

Last checked: Checking… • Last updated Aug 27, 2024 •

MLS# O5504202 —

The Building

Year Built:

1955
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Patio And Porch Features:

Deck
# of Buildings:

1
Building Area Source:

Public Records

Room Dimensions

Living Area:

2840
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Merge onto I-4 W 6.3 mi Use the right 2 lanes to take exit 55 to merge onto US-27 S 0.5 mi Follow US-27 S to Washington Ave in Lake Wales 32 min (23.5 mi) Merge onto US-27 S 23.1 mi Turn left onto Washington Ave
Latitude:

27.913701
Longitude:

-81.596508
Coordinates:

-81.596508, 27.913701

The Property

Parcel Number:

272934873500003110
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Corner Lot
Lot Size Acres:

0.25
Lot Size Area:

10751
Lot Size SqFt:

10751
Lot Size Dimensions:

107 x 50
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-3
View:

false
Water Source:

Public
Flood Zone Code:

X
Flood Zone Panel:

12105C0565H
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2016
Tax Lot:

11
Tax Block:

3
Tax Legal Description:

FRESCO PARK PB 33 PG 20 BLK 3 LOTS 11 & 12
Tax Book Number:

33-20
Tax Annual Amount:

3396

The Listing

Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Electricity Connected

The Community

Subdivision Name:

FRESCO PARK
Senior Community:

false
Community Features:

Sidewalks
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Association Fee Requirement:

None
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Parking Features:

None

Extra Units

# of Units Total:

8

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/12/17 Jun 12, 2017	Sold	STELLAR_MLS	$180,000

Multifamily Sold on 6/12/2017

$180,000

Listing provided by broker:

Lesly Hijar

EMPIRE NETWORK REALTY

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Listing Courtesy of: STELLAR_MLS and EMPIRE NETWORK REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

541 Washington Avenue

Lake Wales, FL 33853