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
Price Change
▼ $25,900 1779937223
MLS#
K4902471
Type
Multifamily
Bedrooms
6
Bathrooms
8
Living Area
4,264
Lot Size
43,085
Subdivision
Highland Park Sub
Year Built
1923

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

Community Features
Golf, Park, Playground, Sidewalks, Street Lights, No Deed Restriction, Golf Community
Annual Gross
82188
Style
Multi-Family 5+
Interior
Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Exterior Construction
Stucco, Frame
Exterior
Outbuildings, Balcony, Other, Rain Gutters, Storage
Roof
Other, Shingle
Located Near
Gentle Sloping, In County, Landscaped, Street Dead-End, Paved
Utilities
Cable Available, Electricity Connected, Water Connected
Floor
Carpet, Ceramic Tile, Wood
Heating
Baseboard, Electric
Cooling
Wall/Window Unit(s)
Pool Type
No Pool
Water
Lake Front
Frontage
Lake Front
Water View
Yes

Listing courtesy of LEGACY REAL ESTATE CENTER INC.

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