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!
Address
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Address: 315 RIDGE MANOR DRIVE
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City: Lake Wales
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State/county: FL
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Zip/Postal Code: 33853
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Country: US
Details
Atualizado em março 20, 2026 no 4:04 pm-
Property ID K4903360
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Price $799,000
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Property Size 5205 m²
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Land Area 0.79 m²
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Bedrooms 6
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Bathrooms 12
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Garage Size x x
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Year Built 1926
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Property Type Quadruplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional
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Roof Other,Shingle
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Utilities Electricity Connected,Propane,Public
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Sewer Septic Tank
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Cooling Wall/Window Unit(s)
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Heating Electric,Space Heater
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County Polk
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Property Type Residential Income
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees