Address
22 W Polk AVENUE, LAKE WALES, FL
Price
$ 250,000
Property Attributes
  • MLS#L4944605
  • TypeIncome
  • CountyPOLK
  • CityLAKE WALES
  • AreaLake Wales South
  • NeighborhoodTwin Lake Park Sub
  • Zip33853
  • StyleDuplex
  • Year Built1925
  • Taxes$ 1098
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1369
  • Lot Size0.25 Acres
Data Source:
Stellar MLS
Property Description

Looking for an investment opportunity look no further! This duplex is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit is 2 bedrooms and 1 bathroom and is just over 900 living sq. ft. The rear unit has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. Both units are occupied with the monthly rents totaling $2,250.00 and an annual gross income of $27,000.00. So call today to get in on the action before this amazing opportunity slips away! ***Once property has an executed contract access will be granted during due diligence period.***

Price History
5/8/2024 Listed $250,000

General Features

Interior Features Other
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Exterior Features Other
Zoning C-2
Construction Materials Wood Frame
Year Built 1925
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
County Polk
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name TWIN LAKE PARK SUB
Garage Y/N No
Status Active
Directions FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON LEFT
ModificationTimestamp 2024-05-09T10:50:48.167Z
City LAKE WALES
Buyer Agent Compensation 2.5%-$295
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 2
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 11099
Waterfront Y/N No
Carport Y/N No
Street Name Polk
Land Lease Y/N No
Tax Annual Amount 1098.51
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4944605
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 3
Legal Description TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 3 E 60 FT OF S 185 FT
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Inside,Laundry Room
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 11099
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 1369
Lot Dimensions 60 x 185
Street Suffix AVENUE
Lot Size Acres 0.25
Road Surface Type Asphalt,Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33853

Price
AVG $430K
$250K
Taxes
AVG $2,726
$1,098
Visits
AVG 220
344
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1925