Description
Offers were delivered to the sellers yesterday. I'm waiting on their decision now. Multiple offers received. Sellers asking for highest and best by Monday morning. Great income opportunity. This is a 6 unit concrete block building on a concrete slab. A new roof membrane was installed in 2019 and carries a 5 year warranty. All units have 480 square feet, each is a one bedroom one bathroom efficiency and have the same floor plan, each has a refrigerator, range, and electric water heater and each has a wall ac unit. Some units are heated with reverse cycle wall\window units and some have electric heaters. The owner pays for water and sewer since there is one meter but each tenant pays their own power bill. Rental history for 2021 is not available yet but will be made available to qualified buyers when it is ready. Buyer is responsible to verify condition using their own licensed inspectors and verify income with current property management company. All information provided by seller including income statements.
Property Highlights
- Acres: 0.31
- County: Polk
- Year Built: 1950
- Property Type: Commercial, Multi Family
- MLS #: P4919097
Area |
33853 - Lake Wales South |
Number of Units Total |
6 |
Property Subtype |
Residential Income |
Property Type |
Multi Family |
Subdivision |
Lake Wales Land Co Sub |
Taxes |
$1,998 |
Has View |
Yes |
Interior Square Footage |
2,880 |
Lot Size Acres |
0.31 |
Lot Size Square Feet |
13,421 |