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1125 PENINSULAR DR Lake Wales, FL 33853
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Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $130
Subdivision Carolton Manor
MLS Listing ID K4902557
Sold Date 08/12/24
Bedrooms 6
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $2,034
Lot Size 0.310 Acres
Acres 0.31
Property Description
Investment potential for great rental income! 3 Homes sold as a package. 2 homes are lakefront on Lake Belle, very conveniently located minutes from shopping, North/South Highway exchanges and medical facilities! 1 home is lakeview. All homes are 2 bed/2 ba; just under 1200sf of living in 2 homes just under 110sf in the 3rd home. This is a handyman project that could yield a large ROI! Conservative estimate of rental income is $4100/mo. With the lake frontage and your improvements, the potential is endless!
Location
State FL
County Polk
Community Carolton Manor
Zoning R-3
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Outbuilding(s)
Utilities Available Cable Available
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Roof Type Metal,Shingle
Porch Covered, Deck
Attached Garage true
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding,Wood Frame
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE