Exceptional Investment Opportunity in Lake Wales
Presenting a prime income-producing property located at 107 A Street, perfectly positioned in the heart of Lake Wales. This versatile multi-family asset features a total of six units, all designed as efficient one-bedroom residences, offering a steady and reliable stream of income. With a total heated area of 2,880 square feet, this building is situated on a spacious 0.31-acre lot zoned C-2, providing both immediate utility and future potential.
Constructed with durable concrete block and a low-maintenance membrane roof, the property is built to last. The interior units are finished with practical tile flooring and come equipped with essential appliances, including ranges and refrigerators. Comfort is managed through efficient wall/window cooling units and electric heating. For ease of management, the property is connected to public water and sewer systems and features individual metering for electric, water, and sewer services.
Strategically located just minutes from local landmarks and schools like Spook Hill Elementary, this property sits in Flood Zone X, which typically does not require flood insurance.