$225,000

627 WASHINGTON AVE, LAKE WALES FL, 33853

Price per sqft$107.35

Built in1966

Property size2,096 sqft

Property typeMulti-family

Courtesy of TRANSCONTINENTAL REALTY GROUP,, Carlos Matos Listing Contact: 407-401-8522

Overview

Sold

Listed Jan 30, 2025

Updated Jun 1

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!

Additional information

MLS^® ID: S5119695

Interior Features

Bedrooms: 0
Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $2,507
Tax Frequency: Annually
Association Fee Frequency: Monthly
55+/Senior Community: No

Also listed on RAMB

Listings courtesy of Stellar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:16 AM UTC on 10/15/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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