1854 Highland Park Drive S Unit A-F, Lake Wales, FL 33898

$799,000
6
BD
8
BA
4,264
SqFt

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List Price
$799,000
Status
Active
Days on Market
861
Price Change
▼ $25,900 1779937223
MLS#
K4902471
Property Style
Multi-Family 5+
Year Built
1923
Bedrooms
6
Bathrooms
8
Living Area
4,264
Lot Size
43,085
Acres
0.99
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Highland Park Sub
MLS Area Major
Lake Wales

Property Description

PRICE IMPROVEMENT!! 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. $6850. 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 only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)

Additional Information

Taxes
$12067
Minimum Lease
No Minimum
Annual Gross Income
82188
Location
Gentle Sloping, In County, Landscaped, Street Dead-End, Paved
Community Features
Golf, Park, Playground, Sidewalks, Street Lights, No Deed Restriction, Golf Community
Property Description
Two Story, Attached
Zoning
R-2
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
Floor
Carpet, Ceramic Tile, Wood
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected, Water Connected
Heating
Baseboard, Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Stucco, Frame
Exterior Features
Outbuildings, Balcony, Other, Rain Gutters, Storage
Roof
Other, Shingle
Foundation
Slab
Pool
No Pool
Water Name
Lake Easy
Water Extras
Skiing Allowed
Water View
Lake
Water Access
Lake
Water Frontage
Lake Front
Pets
Allowed
Flood Zone Code
X
Parcel ID
27-30-13-927000-000690
Legal Description
HIGHLAND PARK SUB PB 4 PG 70 S13 T30 R27 IN SEC 24 T30 R27 IN SEC 18 T30 R28 IN SEC 19 T30 R28 LOT 69 & ST SOUTH OF SAME & RIPARIAN RIGHTS

Listing courtesy of LEGACY REAL ESTATE CENTER INC. 863-676-0200

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