The Sanford Group
Property Description
Virtually Staged. Excellent Investment Opportunity in Lake Wales! (New roof being and New hot water heaters being installed)This well-maintained duplex offers an excellent opportunity for investors, first-time buyers, or anyone looking for a property that can generate rental income. Each unit features 2 bedrooms, 1 bathroom, and a full kitchen, providing comfortable and functional living space.One of the units has been completely remodeled inside, offering a fresh, updated feel. The second unit features durable tile flooring throughout. This property is an ideal house-hacking opportunity - live comfortably in one side while renting out the other to help offset your mortgage and expenses. It also makes a great addition to an investment portfolio with the potential for rental income from both units.Whether you're looking to live in one unit and rent the other or add a solid income-producing property to your portfolio, this Lake Wales duplex is worth taking a look at! Two units 2 bedrooms/1 bath each Full kitchens Remodeled unit Tile flooring Great investment potential
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,119
Year Built: 2011
Square Feet: 1,664
Amenities
Ceiling Fans(s)
Kitchen/Family Room Combo
Thermostat
Awning(s)
Feature Descriptions
Annual Net Income: 25000.00
Days on Site: 17
Directions: From US Hwy 27, head east on State Road 60 toward downtown Lake Wales. Turn north on S. Wetmore St. Continue across W. Central Ave, then turn west onto W. Orange Ave. Property will be on the right.
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Assumable, Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.15
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Lock Box Coded, ShowingTime
Special Sale Provisions: None
Units: 1
Utilities: Cable Available, Electricity Available
Water: Public
Water Access Y/N: No
Zoning: C-2
Listed By / Shown By
Listed By
Agency Name: RE/MAX TITANIUM GROUP
Agency Contact: 352-241-6363
Shown By
Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,775.73 per month $1,511.68 Principal & Interest $176.58 Property Tax $87.47 Homeowner's InsuranceChange Payment Information
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106-108 W Orange Avenue | MLS# G5118475
This multi-family property located at 106-108 W Orange Avenue, Lake Wales, FL 33853 is currently listed for sale with an asking price of $299,890. Search Lake Wales real estate on www.signwithsanford.com today.