Situated directly across from Janie Howard Wilson Elementary, this concrete block property presents an exceptional investment opportunity with significant income potential. Offering 10 bedrooms, 2 bathrooms, 2 kitchens, and an office space, the layout is ideal for generating strong cash flow through rental income with multi tenant, single bedroom leasing. The property features an 8 year old metal roof, several replaced windows, and the bedrooms that have been updated over the years. In addition, there is storage space at the back of the property that used to be a store front, but could be converted into rentable storage units or additional rooms to maximize returns. Much of the heavy lifting has already been done, and with targeted improvements, this property has the ability to become a high performing income producing asset. Call today to schedule a walk through and explore the possibilities.
Situated directly across from Janie Howard Wilson Elementary, this concrete block property presents an exceptional investment opportunity with significant income potential. Offering 10 bedrooms, 2 bathrooms, 2 kitchens, and an office space, the layout is ideal for generating strong cash flow through rental income with multi tenant, single bedroom leasing. The property features an 8 year old metal roof, several replaced windows, and the bedrooms that have been updated over the years. In addition, there is storage space at the back of the property that used to be a store front, but could be converted into rentable storage units or additional rooms to maximize returns. Much of the heavy lifting has already been done, and with targeted improvements, this property has the ability to become a high performing income producing asset. Call today to schedule a walk through and explore the possibilities.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Storage
Living Area: 2528.00
Roof: Metal
Land Information
Lot Features: Level
School Information
High School: Frostproof Middle - Senior High
Middle School: Frostproof Middle Se
School Elementary: Janie Howard Wilson Elem
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Driveway, Off Street, On Street, Open
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: None
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer 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
Other Features
Country: US
Furnished: Negotiable
Interior Features: Built-in Features
Legal Description: RESUB OF BLOCKS 11 & 12 OF LAKE WALES LAND CO SUB PB 30 PG 35 BLK 12 LOT 27
Charming Downtown Duplex with Spacious Yard & Private Amenities Nestled in the heart of downtown Lake Wales, this well maintained duplex presents a fantastic investment opportunity. Featuring 4 bedroo
Charming Downtown Duplex with Spacious Yard & Private Amenities Nestled in the heart of downtown Lake Wales, this well maintained duplex presents a fantastic investment opportunity. Featuring 4 bedroo
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