BEDS7
BATHS
SQUARE FEET2,188
MLS#P4939125
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLAKE WALES HIGHLAND HEIGHTS
Property Description
This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee.The property consists of four income-producing rental units, including:One 3-bedroom unit currently leased for $1,200 per monthOne 2-bedroom unit currently leased for $850 per monthOne 1-bedroom unit currently leased for $850 per monthOne detached cottage currently leased for $850 per monthAll tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.53 Acres
Roof Type: Shingle
Taxes: $2,811
Year Built: 1950
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 45000.00
Days on Site: 2
Directions: From State Road 60 and US 27, head east on State Road 60. Turn right on S 10th Street and Left on Cohassett Avenue. The property is on the left.
Exterior: Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.53
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: None
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: See Remarks
Water Access Y/N: No
Zoning: R-3
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS REALTY SMART 1
Agency Contact: 863-508-3000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,233.59 per month $883.55 Principal & Interest $234.25 Property Tax $115.79 Homeowner's InsuranceChange Payment Information
1021 Cohassett Avenue | MLS# P4939125
This multi-family property located at 1021 Cohassett Avenue , Lake Wales, FL 33853 is currently listed for sale with an asking price of $397,000. Search Lake Wales real estate on www.realtymark.net today.