$127,000
425 Kissimmee Avenue,
LAKE WALES FL, 33853
Description
Amazing investor opportunity to own a 4 family building . Currently 4 separate 2bed 1 bath units . Property needs a full renovation . building size 3200 sq ft House is located on a corner property . Property currently has 4 electric meters and 3 additional water meters are available to install. Potential rent for each unit $850 and potential ARV of 350 k The city of Lake wales has given the option that if this building is demo. You can build a 4800 sq ft 4 family building if you choose to. Property currently has 4 electric and 1 water meters, 3 additional water meters are available to install Please conduct your due diligence prior to purchase.
Details
| MLS# | S5047219 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1930 |
| Days On Site | 42 |
Features
| SQ Feet | 3,180 |
|---|---|
| Units | 4 |
| Golf Course | N |
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| Area Information | |
|---|---|
| State | FL |
| County | Polk |
| City | LAKE WALES |
| Zip Code | 33853 |
| Area | 33853 - Lake Wales South |
| Listing VS Median (in 33853) | |
Price: $127,000 low | high Med: $174,900 SqFt: 3,180 low | high Med: 1,346 $ / SqFt: $40 low | high Med: $130 On Site: 42 low | high Med: 0 | |
Listing Updated: April 1, 2021 12:00:32 AM PDT
MLS Number: S5047219Listing Provided By:
Jose Marrero Cruz of RJ REALTY AND PROPERTY MANAGEMENT LLC