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.
Address
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Address: 1021 COHASSETT AVENUE
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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 junho 23, 2026 no 10:53 am-
Property ID P4939125
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Price $397,000
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Land Area 0.53 m²
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Bedrooms 7
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Bathrooms 4
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Garage Size x x
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Year Built 1950
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Property Type Quadruplex, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Shingle
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Utilities Electricity Connected,Water Connected
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Sewer None
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Cooling Wall/Window Unit(s)
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Heating None
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County Polk
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Property Type Residential Income
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