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Listed by
Bought with

$575,000

Est. payment - /mo

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8 Beds

4 Baths

2,448 SqFt

New

116 E NORTHSIDE DR Lake Wales, FL 33853

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Alana O'Hanlan

alanaohanlan@epique.me +1(727) 710-0480

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $234

Subdivision Northside Heights

MLS Listing ID TB8437410

Bedrooms 8

HOA Y/N No

Year Built 1964

Annual Tax Amount $6,998

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 50x199

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Northside Apartments, is a 4 unit multifamily property located in Lake Wales, Polk County, Florida. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units have 2-bedroom, 1-bathroom configurations and have been fully renovated within the last two years. Both electricity and water are sub-metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations. The roofs are in their active life cycle and remain in good condition, contributing to the property's overall low-maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.

Location

State FL

County Polk

Community Northside Heights

Area 33853 - Lake Wales South

Zoning R-3

Interior

Interior Features Thermostat

Heating Electric

Cooling Central Air

Fireplace false

Laundry None

Exterior

Exterior Feature Courtyard

Utilities Available Electricity Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Public

Structure Type Block,Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None