Address Withheld By Seller, Lake Wales, FL 33853

Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Address Withheld By Seller,Lake Wales, FL 33853
$399,950
Virtual Tour
  • 8 Beds
  • 4 Baths
  • 2,668 sq. ft.
  • Multi-family
  • Active
Listed by: tom novack
Office: hosanna real estate services
MLS#:L4957393
Source:MFRMLS

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Price summary

  • Price:$399,950
  • Price per sq. ft.:$140.63

About this home

Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.

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Home facts

  • Year built:1947
  • Listing ID #:L4957393
  • Added:7 day(s) ago
  • Updated:November 27, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:2,668 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Building area:2,668 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$399,950
  • Price per sq. ft.:$140.63
  • Tax amount:$3,065 (2024)
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