For Sale

Listed by Erich Spivey from ALABAMA LLC

Source: Stellar MLS #O6243795

236 Washington Ave, Lake Wales, FL, 33853

$725,000

16
9
4123 sq. ft.
15355 sq. ft.

Duplex

30+ days on the market

What's around 236 Washington Ave

About this property

Amazing opportunity to expand your real estate holdings in fast-growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8-plex is always at capacity in a single-story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.

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