Address: 116 Northside Drive, LAKE WALES, FL 33853
Description
Northside Apartments, is a 4 unit multifamily property located in Lake Wales, Polk County, Florida. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units have 2 bedroom, 1 bathroom configurations and have been fully renovated within the last two years. Both electricity and water are sub metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations. The roofs are in their active life cycle and remain in good condition, contributing to the propertys overall low maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.
Northside Apartments, is a 4 unit multifamily property located in Lake Wales, Polk County, Florida. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units have 2 bedroom, 1 bathroom configurations and have been fully renovated within the last two years. Both electricity and water are sub metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations. The roofs are in their active life cycle and remain in good condition, contributing to the propertys overall low maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Courtyard
Living Area: 2448.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Electric
Sewer: Septic Tank
Utilities: Electricity Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Rental Information
Tenant Pays: Electricity, Water
Other Features
Country: US
Interior Features: Thermostat
Legal Description: NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 19
Renovated Income Producing Quadruplex in Lake Wales, FL
This renovated quadruplex presents a prime income generating opportunity in the heart of Lake Wales, FL. With each of the four 2 bedroom, 1 b
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