1021 COHASSETT AVE, LAKE WALES, FL, 33853
$397,000
Residential Income
Bedrooms
7
Bathrooms
4
Living Area
2,188 Sqft
Lot Size
23,021 Sqft
This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.
Property Details
Property Features Property Features
MLS ID: MFRP4939125 Year Built: 1950
Construction Materials: Stucco Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Polk
Exterior Features: None Foundation Details: Slab
Heating: None Laundry Features: None
Listing Agreement: Exclusive Right To Sell Other Equipment: None
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: None Showing Requirements: ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Water
Utilities: Electricity Connected, Water Connected Water Source: See Remarks
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