627 Washington Avenue, Lake Wales, FL 33853
Listing Snapshot
| List Price | $340,000 |
| Price / Sq Ft | $162 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 2,096 sqft |
| Year Built | 1966 |
| Property Tax | $4,070/yr |
| MLS # | 1156400976 |
| Status | Active |
| Days on Market | 80 |
About This Home
Owner financing available for this remodeled conner DUPLEX with almost 6000 sq ft of land. With 2 apartments unit each with: 2 bedrooms and 1 bathroom, fenced patio and garden, each unit with a private laundry room with washer/dryer, 4 parking spaces, independent Electrical and water Meters. Occupied lease tenants. This zoning allows you to build two (2) extra apartments for additional income converting it to triplex or fourplex.This is a great opportunity Owner very motivated. Remember this is a Duplex so you don't need to have a great income because the property already adds an income stream on its own and that help you to qualified. The property generated $2,600 monthly with un rate cap of 9%. No HOA, low property tax. just 1 block form I-27 north.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Duplex
- Stories
- 1
- Parking Spaces
- 4
- Zoning
- Duplex, Tri's, Quad'
- Utilities
- CableAvailable
- Subdivision
- Washington Park
Interior Features
- Flooring
- Laminate
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Exterior Features
- OutdoorLivingArea
- Roof
- Shingle
- Patio / Porch
- Patio,Porch
- Fencing
- Fenced
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 5940 - Other Florida County
Map
Virtual Tour
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Estimate Your Payment
20% down · Loan: $272,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.