For Sale, USD 850,000
434 E Tillman Avenue, Lake Wales FL 33853, Lake Wales, Florida, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 4,466 ft² / 415 m²
Land Size : N/A
Bedroom : 12
Bathroom : 7
Half Bathroom : 0
MLS#: N/A
Property Description
Discover an outstanding investment opportunity in the heart of Lake Wales! This 7-unit multifamily property offers strong rental income, solid occupancy, and multiple recent upgrades that make it a turnkey addition to your portfolio.The property features five 2-bed/1-bath units and two 1-bed/1-bath units, providing a versatile mix ideal for long-term tenants. Several major improvements have already been completed, including new roofs and some newer A/C systems, giving peace of mind and reducing upcoming maintenance costs.One of the standout benefits of this property is the large onsite storage area, offering excellent potential for expansion or value-add opportunities. Whether you're looking to increase income with additional storage rentals or reconfigure the space for future improvements, the options are there.Located close to schools, shopping, dining, and major roadways, tenants enjoy convenience and strong accessibility"helping keep occupancy consistently high.Investor Highlights:" 7 rental units (5 2/1 + 2 1/1)" New roofs & some newer A/C units" Strong existing cash flow" High occupancy history" Expansion potential for storage area" Centrally located with steady rental demandThis is the kind of multifamily property that rarely hits the market"stable, improved, and packed with upside. Don't miss your chance to secure a high-performing asset in one of Central Florida's growing markets!
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434 E Tillman Avenue, Lake Wales FL 33853, United States,Florida,Lake Wales is a 4,466ft² Lake Wales luxury Multi-Family Home listed for sale USD 850,000. This high end Lake Wales Multi-Family Home is comprised of 12 bedrooms and 7 baths. Find more luxury properties in Lake Wales or search for luxury properties for sale in Lake Wales.