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Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don't miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting"”making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you're expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled"”secure your opportunity today!
| DAYS ON MARKET | 0 | LAST UPDATED | 3/20/2026 |
|---|---|---|---|
| TRACT | RIDGE MANOR | YEAR BUILT | 1926 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33853 - Lake Wales South |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Storage |
| FIREPLACE | Yes |
| HEAT | Electric, Space Heater |
| LOT | 0.79 acre(s) |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | RIDGE MANOR |
| TAXES | 9928 |
| UTILITIES | Electricity Connected, Propane |
| WATER | Public |
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 3/20/26 11:32 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.