Lake Wales, FL 33853,116 E NORTHSIDE DR
Lake Wales, FL 33853,116 E NORTHSIDE DR
Lake Wales, FL 33853,116 E NORTHSIDE DR
16
$392,000
$420,000
6.7%
Est.Price: ?

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2 BD
1 BA
2,448 SqFt

116 E NORTHSIDE DR Lake Wales, FL 33853

Est. payment /mo
SOLD DATE : 12/05/2022

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Key Details

Sold Price $392,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $160

Subdivision Northside Heights

MLS Listing ID L4931143

Sold Date 12/05/22

Bedrooms 2

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1964

Annual Tax Amount $2,394

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 50x199

Property Description

Beautiful lake-front income producing property in fast growing Polk County, Florida! Listed at 9.5% gross ROI, these updated units will bring a nice return with minimal repairs over the next few years. These duplexes are block construction, have brand new roofs and are updated inside. Fresh paint in and out. New AC units. All 4 units are rented at $850 for a monthly income of $3,420. Lots of green space and beautiful views of Lake Effie. New gravel and stops in parking area. Tenants pay their own electric and water. Demand for rentals is very high! You will always have a waiting list. Call today to secure your new income stream! Double your investment with Listing #L4931142, which is the exact same buildings and rent. Please do not disturb tenants. Inside showings available after accepted offer.

Location

State FL

County Polk

Community Northside Heights

Zoning R-3

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace false

Appliance Range, Refrigerator

Exterior

Exterior Feature Other

Garage Open

Utilities Available Electricity Connected

Waterfront false

Roof Type Shingle

Parking Type Open

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by CMTG REAL ESTATE GROUP
Bought with STELLAR NON-MEMBER OFFICE

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Marlon Persaud

Agent | License ID: SL3362985

+1(407) 216-1481

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