For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $135
Subdivision Lake Wales Land Co Sub
MLS Listing ID O6368979
Bedrooms 6
Year Built 1950
Annual Tax Amount $5,909
Lot Size 0.310 Acres
Property Sub-Type Multi-Family 5+
Property Description
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.
Location
State FL
County Polk
Community Lake Wales Land Co Sub
Area 33853 - Lake Wales South
Zoning C-2
Interior
Heating Electric, Ductless
Cooling Wall/Window Unit(s)
Flooring Tile
Laundry None
Exterior
Exterior Feature Sidewalk
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Trees/Woods
Roof Type Membrane
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Spook Hill Elem
Middle Schools Mclaughlin Middle
High Schools Frostproof Middle - Senior High
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Tito Urbano Perez FLORIDA REALTY INVESTMENTS
Nearby Schools & Businesses
Get More Information


