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Under contract-accepting backup offers. Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.
| DAYS ON MARKET | 36 | LAST UPDATED | 12/24/2025 |
|---|---|---|---|
| TRACT | LAKE WALES LAND CO SUB | YEAR BUILT | 1947 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Range Hood, Refrigerator |
| AREA | 33853 - Lake Wales South |
| CONSTRUCTION | Frame, Vinyl Siding |
| EXTERIOR | Balcony |
| HEAT | Electric |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 48 X 133 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | LAKE WALES LAND CO SUB |
| TAXES | 3064.65 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Tom Novack, HOSANNA REAL ESTATE SERVICES, 863-698-7868
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 12/25/25 6:41 AM PST.
This IDX solution is (c) Diverse Solutions 2025.