$1,500,000

401 Domaris Avenue

LAKE WALES FL, 33853

Description

22 units total. 10 units with 2 bed./1 bath, 12 units with 1 bed./1 bath. Community is fully occupied, solid block concrete, located on the South 4th street from East Hwy 60. 3 minutes to Publix shopping center, 5 minutes to Walmart shopping center, 5 Mins to downtown Lake Wales. Current average rent for 2 bed 1 bath $700, 1 bed 1 bath $575. The current rent much below market value, lots of potential for new owner to increase rent. Very low maintenance cost and expenses, Tenants pay electricity with separate meter, owner pays Tax, Water, Dumpster, Insurance & Maintenance. Please do not disturb tenants, call agent, showing after executed contract.

Details

MLS#O5881078
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1970
Days On Site173

Features

SQ Feet16,754
ZoningC-2
Acreage1.46
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Area Information
StateFL
CountyPolk
CityLAKE WALES
Zip Code33853
Area33853 - Lake Wales South
Listing VS Median (in 33853)
Price:
$1,500,000
low | high
Med:
$166,495
100% of Average
SqFt:
16,754
low | high
Med:
1,407
100% of Average
$ / SqFt:
$90
low | high
Med:
$119
17.368968721522% of Average
On Site:
173
low | high
Med:
79.5
100% of Average
Listing Updated: November 25, 2020 9:10:16 PM PST
Zoe Yao Yao LogoMLS Number: O5881078
Listing Provided By:
Zoe Yao Yao  of  YANG REALTY INC

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