130 E Northside, Lake Wales
#MLS: R11150451
$ 255 000
Listing date12/31/2025
CityLake Wales, FL 33853
Address130 E Northside
Area1455 sqft
Tax/year$ 3 631
Built year1938
Waterfront
This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike. Delivering an impressive about 8% cap rate with an all-cash purchaseand closer to about a 9% cap with just 20% down at todays prevailing ratesthis is a strong income-producing asset with immediate upside. Even more compelling, for those looking to live in one unit, the numbers make ownership more affordable than renting, while the second unit helps offset your mortgage. 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 offering a 10,000 concession with a full-price offer
130 E Northside Lake Wales, FL 33853 duplex house for sale with MLS R11150451 located in . If you want to buy Duplex - 130 E Northside Lake Wales, FL 33853, call today!