$345,000

421 E Central Avenue Lake Wales, FL 33853 • Multi Unit - Multiple • Pending

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Description

Under contract-accepting backup offers. Investment Dream with location, location, location! 3 leasable units comprised of a duplex (2 bed/1ba & 2 bed/1.5 ba) plus a detached cottage (1 bed1/ba) Great rental history and potential for increases! Put this one on your short list!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central
Lot Size: 0.40 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,816
Year Built: 1955

General Information

Bedrooms: 5
Sqft: 2,679
County: Polk
Subdivision: LAKE WALES
Listed By:
Dolores Vogel LEGACY REAL ESTATE CENTER INC 863-676-0200

Amenities

Living Room/Dining Room Combo
Window Treatments
Outbuildings
Sidewalk
Storage

Property Features

Annual Net Income: 27000.00
Appliances: Dryer, Electric Water Heater, Range, Refrigerator
Directions: From Hwy 27, turn East onto Central Ave into Lake Wales, continue several blocks, the property is on the left.
Exterior: Concrete
Flood Zone Code: x
Flooring: Carpet, Vinyl, Wood
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Historic District, City Limits
Lot Dimensions: 0.4
Other Structures: Guest House
Ownership: Fee Simple
Patio/Porch: Deck, Enclosed, Front Porch
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-2
$345,000
Est. /mo
5beds
2,679sqft
New to the Market Pending
BEDS5 BATHS SQUARE FEET2,679 MLS#K4903920
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLAKE WALES
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421 E Central Avenue , Lake Wales, FL 33853.

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Estimated Payment

$ 1,582.25 per month $1,163.63 Principal & Interest $318.00 Property Tax $100.63 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/24/2026. The listing information on this page last changed on 10/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/24/2026 12:00:39 AM EST) or Stellar MLS (last updated Fri 10/23/2026 11:55:17 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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