- 3 beds
- 2 baths
- 1,133 sqft
225 W Northside DriveLake Wales, FL, 33853
- Price per sqft
- $181
- Days on market
- 174
- Listed
- Apr 30
About this property
Virtually Staged. INVESTOR OPPORTUNITY — RENTAL INCOME ALREADY IN PLACE! Looking for an investment property with rental income from day one? This well-maintained 3-bedroom, 1-bath concrete block home is currently rented for $1,225 per month, providing an immediate income-producing opportunity for an investor looking to add a solid property to their portfolio.
The home has already received several desirable updates, helping minimize immediate renovation needs. The recently updated kitchen features stainless steel appliances, while ceramic tile flooring throughout the main living areas offers durability and easy maintenance. The bedrooms feature brand-new carpet, and the updated bathroom includes a single vanity and tub.
A dedicated laundry area with an included washer and dryer adds convenience for tenants and additional appeal as a rental property.
The generously sized lot is fully fenced in both the front and backyard with chain-link fencing, offering valuable outdoor space for tenants and pets. The grassy front yard provides curb appeal, while the unpaved driveway accommodates up to three vehicles.
Located near Lake Wales Park and Kiwanis Park, the property offers convenient access to recreation, shopping, dining, and everyday necessities.
With a tenant already in place at $1,225/month, updated interior features, durable block construction, and a spacious fenced lot, this property offers investors an opportunity to acquire an established rental rather than starting from scratch.
Income-producing. Tenant occupied. Updated. Low-maintenance block construction. Ready for its next investor.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 225 W Northside Drive
- City
- Lake Wales
- State
- FL
- ZIP code
- 33853
- Year built
- 1964
- New construction
- No
- Faces
- East
- Rooms
- 3
- Building stories
- 1
- Living area
- 912 sqft
- Total building area
- 932 sqft
- Levels
- One
Price & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Listed for saleMLS #L4961375 | $165,000 | Not applicable |
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