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Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6870. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with 2 units ready to be refreshed when there is a tenant turnover (which is rare!)
| DAYS ON MARKET | 241 | LAST UPDATED | 9/4/2024 |
|---|---|---|---|
| TRACT | HIGHLAND PARK SUB | YEAR BUILT | 1923 |
| COMMUNITY | 33898 - Lake Wales | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Sep 4, '24 | $899,000 |
|---|---|
| Sep 4, '24 - Today | $874,900 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer |
| AREA | 33898 - Lake Wales |
| CONSTRUCTION | Stucco |
| EXTERIOR | Balcony, Other, Rain Gutters, Storage |
| HEAT | Baseboard, Electric |
| LOT | 0.99 acre(s) |
| LOT DESCRIPTION | Gentle Sloping, Landscaped, Paved, Waterfront |
| LOT DIMENSIONS | 100X370 |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | HIGHLAND PARK SUB |
| TAXES | 10378.05 |
| UTILITIES | Cable Available, Electricity Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Water |
| WATER | Private |
| WATER ACCESS | LAKE EASY |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Privileges, Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Dolores Vogel, LEGACY REAL ESTATE CENTER INC, 863-676-0200
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/15/24 3:59 AM PST.
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