315 Ridge Manor Drive, Lake Wales South, FL 33853
- $759,000
- 6
- BD
- 12
- BA
- 5,030
- SqFt
- List Price
- $759,000
- Status
- ACTIVE
- MLS#
- K4903360
- Price Change
- ▼ $16,000 1784312732
- Bedrooms
- 6
- Bathrooms
- 12
- Living Area
- 5,030
- Subdivision
- Ridge Manor
Property Description
Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!
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Additional Information
- Year Built
- 1926
- Construction
- Stucco, Frame
- Living Area
- 5,030
- Acres
- 0.79
- Interior Features
- Window Treatments
- Cooling
- Wall/Window Unit(s)
- Heating
- Electric, Space Heater
- Exterior Features
- Storage
- Sewer
- Septic Tank
Listing courtesy of LEGACY REAL ESTATE CENTER INC.
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