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$397,000

1021 Cohassett Avenue Lake Wales, FL 33853 Multi Unit - Multiple Active

  • 1021 Cohassett Avenue , Lake Wales, FL 33853 Main Photo

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Description

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee.The property consists of four income-producing rental units, including:One 3-bedroom unit currently leased for $1,200 per monthOne 2-bedroom unit currently leased for $850 per monthOne 1-bedroom unit currently leased for $850 per monthOne detached cottage currently leased for $850 per monthAll tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.53 Acres
Roof Type: Shingle
Taxes: $2,811
Year Built: 1950

General Information

Bedrooms: 7
Sqft: 2,188
County: Polk
Subdivision: LAKE WALES HIGHLAND HEIGHTS
Listed By:
David Reyes KELLER WILLIAMS REALTY SMART 1 863-508-3000

Amenities

Ninguno
None

Property Features

Annual Net Income: 45000.00
Directions: From State Road 60 and US 27, head east on State Road 60. Turn right on S 10th Street and Left on Cohassett Avenue. The property is on the left.
Exterior: Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.53
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: None
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Water Connected
Water: See Remarks
Water Access Y/N: No
Zoning: R-3
$397,000
7beds
2,188sqft
New to the Market Active
BEDS7 BATHS SQUARE FEET2,188 MLS#P4939125
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLAKE WALES HIGHLAND HEIGHTS

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1021 Cohassett Avenue , Lake Wales, FL 33853.

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Estimated Payment

$ 1,689.06 per month $1,339.01 Principal & Interest $234.25 Property Tax $115.79 Homeowner's Insurance

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