$299,999

About This Property

Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. Property is occupied, please do not approach the property without coordinating with LA.

infoProperty Details

Property Type

Quadruplex

Year Built

1955

Living Area

2,860 sqft

Lot Size

0.15 acres

Bedrooms

0

Bathrooms

0

Ownership

Fee Simple

Days on Market

9

List Date

chairInterior Features

yardExterior & Lot

Listed By

MERIDIAN RESIDE

727-777-6676

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