#S5112452, Dominique Anthony, Listing Office: WATSON REALTY CORP.
627 Washington Ave Lake Wales, FL 33853
Property details
About 627 Washington Ave
Under contract-accepting backup offers. Looking for an investment opportunity? Well look no further! This duplex is nestled in the beautiful city of Lake Wales. There are tenants currently occupying both units, so you can begin to generate revenue on day one! This property’s generous lot, quiet location, and convenient access to the major interstate roads make it an ideal rental option for tenants seeking flexibility and potential income. Each unit is 2 bedroom and 1 bathroom and are both nearly 1,152 living sq. ft. With monthly rents totaling $2,600 and an annual gross income of $31,200. So call today to get in on the action before this amazing opportunity slips away! NO FLOOD ZONE, NO CDD, NO HOA. Don’t miss this unique opportunity—contact me today to schedule a showing!
Highlights
(Pending)
Summary
- MLS Number: S5119695
- MLS Name: MFRMLS
- Office Name: TRANSCONTINENTAL REALTY GROUP,
- Office Phone: (407) 401-8522
- Listing Agent: Carlos Matos
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Last updated on: 3/14/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
627 Washington Ave
$2,672
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Janie Howard Wilson School
Public Charter PK-5
0.4 mi
•306 Florida Ave
4
Spook Hill Elementary School
Public District PK-5
0.9 mi
•321 Dr J A Wiltshire Ave E
3
Polk Avenue Elementary School
Public Charter PK-5
1.3 mi
•110 E Polk Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,107. The most common annual income of people living in Lake Wales, FL is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 627 Washington Ave in Lake Wales, FL and zip code 33853. This 2,096 square foot home, which was built in 1966, sits on a 0.13 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $225,000.
In February 2025 more than 4 listings in Lake Wales, FL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 23 were sold below. Between January and February 2025, Lake Wales, FL real estate market has seen increase in the number of listings by 11.3%. The median list price of listings available in February 2025 was $280,000, while the average time on the real estate market was 103 days.