$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 TypeFor Sale
Sub-TypeResale
StatusPending
Year1930
Days On Site42

Features

SQ Feet3,180
Units4
Golf CourseN
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Area Information
StateFL
CountyPolk
CityLAKE WALES
Zip Code33853
Area33853 - Lake Wales South
Listing VS Median (in 33853)
Price:
$127,000
low | high
Med:
$174,900
12.283464566929% of Average
SqFt:
3,180
low | high
Med:
1,346
100% of Average
$ / SqFt:
$40
low | high
Med:
$130
100% of Average
On Site:
42
low | high
Med:
0
Sourced by Back At You
Listing Updated: April 1, 2021 12:00:32 AM PDT
Jose Marrero Cruz LogoMLS Number: S5047219
Listing Provided By:
Jose Marrero Cruz  of  RJ REALTY AND PROPERTY MANAGEMENT LLC

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