Lake Wales, FL 33853 130 E Northside Drive
$255,000



1 more

Presented By: Simon Gray Realty LLC
Home Details
This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike Deliverina an imprecsive wabout 8% can rate with an all-cash nurchase_and closer to about a 9% cap with just 20% down at today's prevailing rates —this is compellina. for those looking to live in one unit. the numbers make ownership more affordable than rentina. while the second unit helns offset vour mortaage The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed. the seller is offerina a $10.000 concession
Presented By: Simon Gray Realty LLC
Interior Features for 130 E Northside Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringWood
Heating Y/NYes
Total Stories1
General for 130 E Northside Drive
AccessibilityNone
CityLake Wales
Construction MaterialsOther
CoolingCentral Air
CountyPolk
HeatingElectric
Land Lease Y/NNo
Legal DescriptionNORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 12
LevelsOne
MLS Area5940 - Other Florida County
New ConstructionNo
Number Of Units Total3
Pets AllowedNo
PossessionNegotiable
PostalCityLake Wales
Property ConditionResale
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameNORTHSIDE HEIGHTS
Tax Annual Amount3631.09
Tax Year2025
Tenant PaysCable TV, Electricity, Gas, Water
UtilitiesElectricity Connected, Water Connected
ViewLake
Virtual TourClick here
Waterfront FeaturesLake Front
Year Built1938
Exterior for 130 E Northside Drive
Building Area Total1831
Exterior AmenitiesNone
Lot FeaturesNone, < 1/4 Acre
Lot Size Acres0.23
Lot Size Area10197
Total Parking6
Water SourcePublic
Waterfront Y/NYes
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Beverley Allen
Realtor®
SQFT • 1,455