524 WASHINGTON AVENUE LAKE WALES FL 33853 MLS #S5100068

524 WASHINGTON AVENUE
LAKE WALES, FL, 33853
$130,000
2 Beds
1 Baths
435 SqFt
0.13 Acres
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***BUYER FINANCING FELL THROUGH*** Home is priced below FHA appraised value for quick sale!

This charming 2-bedroom, 1-bathroom home is a TURN KEY ready gem! Perfect for those looking to scale down or seeking an investment property, this lovely residence boasts numerous updates throughout.

Upon entering, you’ll notice the inviting front enclosed porch, ideal for enjoying your morning coffee or relaxing in the evening. Inside, the home features laminate vinyl plank flooring throughout, providing both durability and aesthetic appeal. Say goodbye to carpet maintenance!

The functionality of the home is further enhanced by a brand-new roof, installed in 2023, offering peace of mind for years to come. Additionally, the fenced large backyard with a parking pad offers convenience and security.

The layout includes an eat-in kitchen, a hall bath, and two cozy bedrooms, making it both practical and comfortable. Situated in a highly accessible location near Hwy 27 and Alt 17 in historic Lake Wales, this property provides easy access to major highways, as well as the flourishing Lake Wales community’s new restaurants and shopping areas.

For investors, this property presents a lucrative opportunity with a rate of return of less than 6 years based on market rent in the area. Don’t miss out on this fantastic investment potential or the chance to own a beautifully updated home in Lake Wales!

Property Details

Price:
$130,000
MLS #:
S5100068
Status:
Active
Beds:
2
Baths:
1
Address:
524 WASHINGTON AVENUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WASHINGTON PARK
Neighborhood:
33853 – Lake Wales South
City:
LAKE WALES
Listed Date:
Mar 20, 2024
State:
FL
Finished Sq Ft:
435
Total Sq Ft:
435
ZIP:
33853
Lot Size:
5,807 sqft / 0.13 acres (approx)
Year Built:
1941
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Schools

Interior

Appliances
None
Bathrooms
1 Full Bathroom
Cooling
Wall/ Window Unit(s)
Flooring
Laminate, Vinyl
Heating
Wall Units / Window Unit
Laundry Features
Gas Dryer Hookup

Exterior

Construction Materials
Vinyl Siding, Wood Frame
Exterior Features
Private Mailbox
Roof
Metal

Financial

Tax Year
2022
Taxes
$639

Map

Community

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524 WASHINGTON AVENUE
LAKE WALES, FL