3818 RED OAK CT, LAKE WALES, FL 33898

$489,400

Active · 35 days on market · MLS# MFRO6414909

Bedrooms4
Bathrooms3
Living area2,160 sq ft
Lot size0.52 acres
Year built1994
Property typeSingle Family Residence
Garage spaces2
Private poolYes
WaterfrontYes
Annual taxes$4,053
CountyPolk

About this home

Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.

Listing courtesy of Jason Hamilton, THE REALTY MEDICS. Presented by MC Homes Realty Inc · 727432218.

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