$220,000
$270,000
18.5%For more information regarding the value of a property, please contact us for a free consultation.
1,920 SqFt
SOLD DATE : 12/04/2024
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $114
Subdivision Kelly Sub
MLS Listing ID L4948600
Sold Date 12/04/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $2,319
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 100x125
Property Description
CASH ONLY. Here is your chance to own an investment property with a gorgeous view of Lake Starr in Lake Wales. This quadraplex offers tons of potential to the right buyer. Each unit is 1 bedroom, 1 bathroom and 480 sq ft. Each unit also has its own electric meter for ease of management. Roof age is unknown. There will be work needed to make this quadraplex completely rent ready, however, the benefits will pay for years to come. The front of the property has a single family home that unfortunately suffered a fire. The new buyer will be responsible for clearing that home. According to the county, that single family home has the possibility to rebuilt if replaced like for like if done in the next two years. Buyer is responsible for verifying with the county and to get a land use verification letter if desiring to replace the single family home. Investors, bring your cash for your next deal. Sold as-is.
Location
State FL
County Polk
Community Kelly Sub
Interior
Interior Features Eat-in Kitchen, Living Room/Dining Room Combo
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Other, Outside
Exterior
Exterior Feature Other
Utilities Available Electricity Available, Electricity Connected
View Y/N 1
Roof Type Other
Garage false
Private Pool No
Building
Foundation Basement, Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Concrete
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Listing
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