4024 N SCENIC HWY, Lake Wales, FL 33898 – L4948600

$220,000

Est. payment -/mo

$270,000

18.5%

Est.Price: ?

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1,920 SqFt

SOLD DATE : 12/04/2024

Key Details

Sold Price $220,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $114

Subdivision Kelly Sub

MLS Listing ID L4948600

Sold Date 12/04/24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1925

Annual Tax Amount $2,319

Lot Size 0.770 Acres

Acres 0.77

Lot Dimensions 100x125

Property Description

CASH ONLY. Here is your chance to own an investment property with a gorgeous view of Lake Starr in Lake Wales. This quadraplex offers tons of potential to the right buyer. Each unit is 1 bedroom, 1 bathroom and 480 sq ft. Each unit also has its own electric meter for ease of management. Roof age is unknown. There will be work needed to make this quadraplex completely rent ready, however, the benefits will pay for years to come. The front of the property has a single family home that unfortunately suffered a fire. The new buyer will be responsible for clearing that home. According to the county, that single family home has the possibility to rebuilt if replaced like for like if done in the next two years. Buyer is responsible for verifying with the county and to get a land use verification letter if desiring to replace the single family home. Investors, bring your cash for your next deal. Sold as-is.

Location

State FL

County Polk

Community Kelly Sub

Interior

Interior Features Eat-in Kitchen, Living Room/Dining Room Combo

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Fireplace false

Laundry Other, Outside

Exterior

Exterior Feature Other

Utilities Available Electricity Available, Electricity Connected

View Y/N 1

Roof Type Other

Garage false

Private Pool No

Building

Foundation Basement, Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Probate Listing

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Submit

Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by KELLER WILLIAMS REALTY SMART
Bought with FUTURE HOME REALTY INC

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com