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335 E Central Ave
For Sale $550,000 ($320.14 per Sq Ft)
$550,000 ($320.14 per Sq Ft)
- 7 Bedrooms
- 5 Bathrooms
- 1,718 Sq Ft
- 17,977 Sq Ft
Description
Investor Alert! Great income producing investment property in the heart of Lake Wales currently providing $ 54,000.00 of annual income! 4 rental units on the premises including the main residence that offers a 3 bedroom 2 bath refurbished 1923 craftsman style bungalow. There are two separate free standing buildings at the rear of the property that includes 2 bedrooms & 1 bath, and 1 bedroom and 1 bathroom. There is also an apartment on the back of the main residence bath offers a 1 bedroom and 1 bath. This property also includes the adjacent green-space on the property next to the main residence and fronts Central Avenue which has potential to add additional rental units. Location allows quick access to downtown restaurants , grocery stores, schools, and one block to the lake and park to enjoy. Ample parking for all tenants. All units are on annual leases with an opportunity to increase rates to market value. Don't let this great opportunity pass. By appointment only.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $550,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 1,718 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 273001883000033180 |
| MLS # | P4931739 |
| Property ID | 320797383 |
| Lot Sqft | 17,977 |
| Zoning | R-2 |
| Total Units | 4 |
| Days on Market | 158 |
| Original List Price | $550,000 |
| Applicances | Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Washer% |
| Date Updated | August 26, 2024 |
| Date Created | August 26, 2024 |
Listing Provided By
Shawn Tingle an agent of . Lic #3497512
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 26, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT