1854 HIGHLAND PARK, LAKE WALES, FL, 33898 — photo 1
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1854 HIGHLAND PARK, LAKE WALES, FL, 33898

$824,900

6 Beds4,264 Sq FtBuilt 19230.99 Acres

About This Property

Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx. $6850. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)

Subdivision

HIGHLAND PARK SUB

Status

Active

Listed By

LEGACY REAL ESTATE CENTER INC

Days on Market

692

Mortgage Calculator

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Est. Monthly Payment

$5,684

30-yr fixed · 20% down · 6.875%

Principal & Interest$4,335
Property Tax (actual)$1,006
Est. Home Insurance~0.5% est.$344
Total / month$5,684
Loan amount$659,920

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

Interested in This Property?

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MLS# c67038da294d34ca97e545673a8710e5

Location