1021 Cohassett Avenue, Lake Wales South, FL 33853

$397,000
8
BD
4
BA
2,188
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$397,000
Status
ACTIVE
MLS#
P4939125
Bedrooms
8
Bathrooms
4
Living Area
2,188
Subdivision
Lake Wales Highland Heights Add

Property Description

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

Additional Information

Year Built
1950
Construction
Stucco
Living Area
2,188
Acres
0.53
Interior Features
Ninguno
Cooling
Wall/Window Unit(s)
Heating
None
Exterior Features
None
Sewer
None

Listing courtesy of KELLER WILLIAMS REALTY SMART 1.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on