BEDS8
BATHS
SQUARE FEET2,604
MLS#P4938784
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Unique and rare opportunity to own a Multifamily concrete building with 4 units plus a single wide mobile home on almost an acre of land Located on Highway 60 Lake Wales in Polk County! The sale also includes a detached enclosed garage 34x25, a well water system in its own secured enclosed area, newer septic tank, new roof in 2023 on the main building, bathrooms remolded, interior paint. 2 units upstairs and 2 units downstairs plus 732 square feet of the mobile home. The land is large enough to remove the 1973 single wide mobile home and replace or use for commercial purposes as it is located within a Commercial Future Land Use, Selected Area Plan (SAP). The property is a legal Non-Conforming due to having Multiple Primary Residences within a Commercial Land Use. Check with the county for possibilities as the property is adjacent to a commercial property. Tenant has their own electric meter with the exception of the garage and studio share same meter currently. The tenants have the well and septic at no cost to them.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.81 Acres
Roof Type: Built-Up
Stories: 2.0
Taxes: $5,143
Year Built: 1973
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Storage
Feature Descriptions
Additional Rooms: Storage Rooms
Annual Net Income: 37400.00
Appliances: Range, Refrigerator
Days on Site: 8
Directions: From US-27S, turn right onto the ramp to Fl-60 W 1.1 mi, Turn right onto Old Bartow Rd. Destination will be on the left.
Exterior: Concrete
Flood Zone Code: X
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Other
Lot: In County, Oversized Lot, Paved, Unincorporated
Lot Dimensions: 0.81
Other Structures: Storage
Ownership: Fee Simple
Parking: None
Parking Notes: None
Patio/Porch: Front Porch, Side Porch
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Units: 5
Utilities: Electricity Connected
Water: Well
Water Access Y/N: No
Zoning: C-3
Listed By / Shown By
Listed By
Agency Name: FRIENDLY REALTY, INC.
Agency Contact: 863-299-8011
Shown By
Agency Title: Glory International Real Estate Co
Agency Phone: 386-775-7778
Estimate Your Payment
Estimated Payment
$ 1,385.13 per month $845.72 Principal & Interest $428.58 Property Tax $110.83 Homeowner's Insurance
1725 Old Bartow Road | MLS# P4938784
This multi-family property located at 1725 Old Bartow Road, Lake Wales, FL 33859 is currently listed for sale with an asking price of $380,000. Search Lake Wales real estate on www.gloryire.com today.