$61,230
Pending · 68 days on market · MLS# MFRP4915296
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 |
| Living area | 768 sq ft |
| Lot size | 0.17 acres |
| Year built | 1972 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $992 |
| County | Polk |
Investment property or small starter home. This 2 bedroom 1 bathroom single-family home is conveniently located east of Lake Wales off of State Road 60. It is currently occupied by a reliable renter who has occupied the residence for 3 years and has never been late on a payment. The property yields $8,040 per year with minimal expenses. The monthly rent has not yet been adjusted to current market rates. This is a great opportunity to add a low-cost reliable property to an investment portfolio. The house has an enclosed porch area on the back that is being used as an additional bedroom so it could be rented as a 3/1. This property is sold As-Is. Plenty of opportunity in this investment.
Listing courtesy of Joshua Johnson, KELLER WILLIAMS REALTY SMART 1. Presented by MC Homes Realty Inc · 727432218.