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1854 Highland Park Drive S , A-F

Lake Wales, FL 33898
  • $874,900
  • STATUS: Active
  • ON SITE: 257 Days
  • ID#: K4902471
UPDATED: 181 min ago
$874,900
  • 6
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,264
    SQFT
  • $205
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Ratings & Info

Description

Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6870. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with 2 units ready to be refreshed when there is a tenant turnover (which is rare!)

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T23:42:27.267.
www.swflregroup.com/homes/148750140
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1854 Highland Park Drive S , A-F Lake Wales, FL 33898

  • Price: $874,900
  • Status: Active
  • On Site: 257 Days
  • Updated: 181 min ago
  • ID#: K4902471
6
Beds
0
Baths
0
½ Baths
0.99
Acres
4,264
SQFT
$205
$/SQFT
1923
Built
Neighborhood:
Highland Park Sub
County:
Polk
Area:
Lake Wales
Property Description
Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6870. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with 2 units ready to be refreshed when there is a tenant turnover (which is rare!)
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials StuccoWood Frame Exterior Features OutbuildingBalconyOtherRain GuttersStorage Foundation Details Slab Lot Features Gentle SlopingIn CountyLandscapedStreet Dead-End Lot Size Dimensions 100 x 370 Other Structures Shed(s)Storage Patio And Porch Features DeckPatioPorch Pool Private Yn No Road Frontage Type Street Dead-EndStreet Paved Road Surface Type PavedAsphalt Roof OtherShingle View Water Water Access Lake Water Access Yn Yes Water Body Name Lake Easy Water Extras Skiing Allowed Water Extras Yn Yes Water View Lake Water View Yn Yes Waterfront Features Lake Waterfront Feet Total 100 Waterfront Yn Yes

Interior Features

Appliances DryerElectric Water HeaterRangeRange HoodRefrigeratorWasher Building Area Total 4660 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring CarpetCeramic TileHardwood Heating BaseboardElectric Heating YN Yes Interior Features Ceiling Fan(s)Living Room/Dining Room ComboSplit Bedroom Laundry Features Common AreaInsideLaundry Room Levels Two Sewer Septic Tank Water Source Private

Property Features

Annual Expenses 26460 Annual Net Income 62125 Association Amenities ParkPlayground Association Approval Required Yn No Association Fee Requirement None Association Yn No Cdd Yn No Community Features GolfParkPlaygroundSidewalks Est Annual Market Income 91585 Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Attached YN Yes Property Sub Type Multi Family Realtor Info As-IsNo Sign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 10378.05 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity ConnectedStreet LightsWater Connected Yrs Of Owner Prior To Leasing Re No Zoning R-2


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of LEGACY REAL ESTATE CENTER INC: 863-676-0200.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T23:42:27.267.
 
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