Already Rented Triplex in Lake Wales!
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EmeraldAve, Lake Wales, FL 33853
PRICE: $139,000
ARV: $150,000 - $160,000 +/-
Rehab: $2,000 - $7,000 +/-
Rent: $1,500 - $1,700 +/-
4 Bedroom 3 Bath
2,272 Sq Ft
Built: 1979
Construction: Block
Already Rented Triplex in Lake Wales! House is a 2/1 and two 1/1's. The 2/1 will be increasing the rent to $600, and both 1/1's will be increasing rent to $500. All three tenants want to stay. Sign a contract, close on this house, and start collecting $1600 a month immediately! Multi-units are few and far between. Don't miss out on this one! We were not able to access the property due to the tenants, so I couldn't get any pics. We are relying heavily on the list agent's description. Will be shown by appointment.
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract and a special warranty deed. Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier, Licensed Real Estate Agent, GRI
Sand Dollar Realty Group, Inc.