331 E Street

Lake Wales, FL 33853

$229,000
Price
—
Beds
1,008 Sq. Ft.
$227 / Sq. Ft.
1,008
Sq. Ft.
$227
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity! This meticulously maintained duplex offers two separate units, each featuring 1 bedroom and 1 bathroom, making it an ideal income-producing property. Nestled in a desirable location, this duplex combines practicality with potential, ensuring a steady stream of rental income. The property has been meticulously maintained, reducing the need for ongoing repairs and maintenance costs. Whether you're a seasoned investor or just starting in the real estate...Welcome to an exceptional investment opportunity! This meticulously maintained duplex offers two separate units, each featuring 1 bedroom and 1 bathroom, making it an ideal income-producing property. Nestled in a desirable location, this duplex combines practicality with potential, ensuring a steady stream of rental income. The property has been meticulously maintained, reducing the need for ongoing repairs and maintenance costs. Whether you're a seasoned investor or just starting in the real estate market, this duplex is a fantastic addition to your portfolio. This duplex is not just a property; it's a strategic investment in your financial future. Don't miss the chance to capitalize on the steady income and growth potential offered by this exceptional duplex. Schedule a viewing today and explore the possibilities that await you!
  1. Listed by Carlos DeJesus • EXIT REALTY 4CORNERS

Property Details for 331 E Street

Subdivision Name
FRESCO PARK
Township
29
Waterfront
No

Location

Listing Courtesy of EXIT REALTY 4CORNERS, Carlos DeJesus
Add your commute
LISTING UPDATED: 02/14/2024 06:47 AM

Property Details for 331 E Street

StatusActive
MLS #S5099484
Days on Market75
Taxes$2,521 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1950
Lot Size0.18 AC / 7,919 SF
CountyPolk County

Location

Listing Courtesy of EXIT REALTY 4CORNERS, Carlos DeJesus
Add your commute

Building Information for 331 E Street

Stories-Residences2Year Built1950Building Size-Lot Size0.18 AC / 7,919 SF

Payment Calculator

$1,460 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,250

Property Taxes

$210

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 331 E Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From US 27 turn left on Washington Ave then left on E St the property will be on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 331
  • Street Name: E
  • Street Suffix: STREET
  • State: FL
  • City: LAKE WALES
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1
  • Tax Book Number: 33-20
  • Tax Legal Description: FRESCO PARK PB 33 PG 20 BLK 1 LOT 4
  • Tax Lot: 4
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 83x107
  • Parcel Number: 27-29-34-873500-001040
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-3
  • Living Area: 1008
  • Lot Dimensions: 83x107
Property and Assessments
  • Year Built Numeric: 1950
  • Flood Zone Code: x
  • New Construction: No
  • Public Survey Range: 27
  • Public Survey Section: 34
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Wall Units / Window Unit
  • Interior Features: Ninguno
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $20,000.00
  • Gross Income: $24,000
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Pro Forma 1: 1100
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Pro Forma 2: 1100
  • Unit Type Type 2: 1 Bed/1 Bath

Property History for 331 E Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 331 E Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,521 ($210 / month)
Home Facts
Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories1Lot Size7,919 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1971ZoningR-3CountyPOLKAPN272934873500001040

Schools near 331 E Street

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Spook Hill Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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331 E Street is a multi-family home for sale in Lake Wales, FL 33853. This property was listed for sale on February 12, 2024 by EXIT REALTY 4CORNERS, it's currently listed at $229,000. It has been on the market for a total of 75 days and was last sold on May 10, 2022. This listing's school district is Polk. Nearby schools include Spook Hill Elementary School, Mclaughlin Middle School And Fine Arts Academy and Bartow Elementary Academy. 331 E Street is a 0-bed, 0-bath, 1,008 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT REALTY 4CORNERS, Carlos DeJesus

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/14/2024 06:47 AM