$50,000
$61,230
18.3%For more information regarding the value of a property, please contact us for a free consultation.
9 VILLAS CT Lake Wales, FL 33898
2 Beds
1 Bath
768 SqFt
Key Details
Sold Price $50,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 768 sqft
Price per Sqft $65
Subdivision None
MLS Listing ID P4915296
Sold Date 08/06/21
Bedrooms 2
Full Baths 1
Construction Status No Contingency
HOA Y/N No
Year Built 1972
Annual Tax Amount $992
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 81x84
Property Description
Investment property or small starter home. This 2 bedroom 1 bathroom single-family home is conveniently located east of Lake Wales off of State Road 60. It is currently occupied by a reliable renter who has occupied the residence for 3 years and has never been late on a payment. The property yields $8,040 per year with minimal expenses. The monthly rent has not yet been adjusted to current market rates. This is a great opportunity to add a low-cost reliable property to an investment portfolio.
The house has an enclosed porch area on the back that is being used as an additional bedroom so it could be rented as a 3/1. This property is sold As-Is. Plenty of opportunity in this investment.
Location
State FL
County Polk
Zoning RC
Interior
Interior Features Ceiling Fans(s)
Heating None
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Well
Structure Type Wood Siding
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Spook Hill Elem
Middle Schools Mclaughlin Middle
High Schools Bartow High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with AAA GLOBAL VENTURES PA
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