$874,900
For Sale

1854 HIGHLAND PARK DRIVE S #A-F

Lake Wales, FL 33898
4660 sqft | 6 beds | 0.99 acres | #K4902471
Browse 52 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!)

  • Interior Details
      • InteriorCeiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
    • Beds & Baths
      • Bedrooms6
  • Property Details
      • Lot DescriptionGentle Sloping, In County, Landscaped, Street Dead-End, Paved
      • Exterior MaterialsOutbuilding(s), Balcony, Other, Rain Gutters, Storage
      • ViewWater
    • Measurements
      • Acres0.99
      • Square Feet4660
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1923
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Connected, Street Lights, Water Connected
      • Sewer InformationSeptic Tank
      • Utility SourcePrivate
  • Community and Neighborhood Details
      • SubdivisionHIGHLAND PARK SUB
    • Location
      • CountyPolk
  • Financial Details
      • Original List Price$899,000
      • Taxes Annual$10,378
      • Days on Market (Cumulative)223
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #K4902471

Location

Eva GarciaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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