1021 COHASSETT AVE, Lake Wales, FL 33853
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1021 COHASSETT AVE, Lake Wales, FL 33853
1021 COHASSETT AVE, Lake Wales, FL 33853
1021 COHASSETT AVE, Lake Wales, FL 33853
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$ 397,000
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1021 COHASSETT AVE Lake Wales, FL 33853

7 Beds

4 Baths

2,188 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,188 sqft

Price per Sqft $181

Subdivision Lake Wales Highland Heights Add

MLS Listing ID P4939125

Bedrooms 7

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,811

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Quadruplex

Source Stellar MLS

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.

Location

State FL

County Polk

Community Lake Wales Highland Heights Add

Area 33853 - Lake Wales South

Zoning R-3

Interior

Interior Features Ninguno

Heating None

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature None

Utilities Available Electricity Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer None

Water See Remarks

Structure Type Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None


Stellar MLS
Listed by David Reyes KELLER WILLIAMS REALTY SMART 1

Nearby Locations

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1021 COHASSETT AVE