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485 D St, Lake Wales, Florida 33853

  • $249,999
  • $299,999
485 D STREET, Lake Wales, FL 33853
Expired For Sale
485 D St, Lake Wales, Florida 33853
485 D STREET, Lake Wales, FL 33853
  • $249,999
  • $299,999

Overview

Property ID: HZA4662599
  • Multi Family, Residential Income
  • Property Type
  • 10
  • Bedrooms
  • 2
  • Bathrooms
  • 3123
  • Sqft
  • 1960
  • Year Built

Description

Situated directly across from Janie Howard Wilson Elementary, this concrete block property presents an exceptional investment opportunity with significant income potential. Offering 10 bedrooms, 2 bathrooms, 2 kitchens, and an office space, the layout is ideal for generating strong cash flow through rental income with multi-tenant, single bedroom leasing. The property features an 8 year old metal roof, several replaced windows, and the bedrooms that have been updated over the years. In addition, there is storage space at the back of the property that used to be a store front, but could be converted into rentable storage units or additional rooms to maximize returns. Much of the heavy lifting has already been done, and with targeted improvements, this property has the ability to become a high-performing income-producing asset. Call today to schedule a walk-through and explore the possibilities.

  • Address 485 D STREET
  • City Lake Wales
  • State/county FL
  • Zip/Postal Code 33853
  • Country US

Details

Updated on October 16, 2025 at 4:11 am
  • Property ID: HZA4662599
  • Price: $249,999
  • Property Size: 3123 Sqft
  • Land Area: 0.16 Acres
  • Bedrooms: 10
  • Bathrooms: 2
  • Year Built: 1960
  • Property Type: Multi Family, Residential Income
  • Property Status: Expired, For Sale

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Metal
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • County: Polk
  • Property Type: Residential Income
  • Parking: Driveway, Off Street, On Street, Open
  • Elementary School: Janie Howard Wilson Elem
  • Middle School: Frostproof Middle Se
  • High School: Frostproof Middle - Senior High

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