325 DORSETT AVE #A&B, LAKE WALES, FL, 33853
$169,900
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,420 Sqft
|
Lot Size
6,190 Sqft
|
***Back on Market. With a brand new roof and a Lower price*** Previous financing fell through. I have a motivated seller! block construction duplex in Lake Wales features two 2 bed, 1 bath units, each currently rented at $800/month. With rental comps in the area at $1,100/month, there’s excellent potential to increase cash flow. This property is easily maintained thanks to its solid block construction, making it a hassle-free investment. A great opportunity for investors looking for steady income and room for growth in rental rates!
Both Leases that are in place expire in December
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRL4948447 | Year Built: | 1961 | |
| Construction Materials: | Block | Cooling: | Wall/Window Unit(s) | |
| Country: | US | Exterior Features: | Other | |
| Foundation Details: | Slab | Heating: | Electric | |
| Laundry Features: | Outside | Lease Term: | Twelve Months | |
| Listing Agreement: | Exclusive Agency | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Tenant | Possession: | Close Of Escrow | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Listing Agent Must Accompany | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Gas, Trash Collection, Water | Utilities: | Cable Connected, Electricity Connected, Phone Available | |
| Water Source: | Public | |||
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