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240 Dr M L King Jr Blvd Lake Wales, FL 33853

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For Sale
$500,000

Four-unit multifamily property near City Hall and downtown.

Lot size:
0.34 Acres

Property Features for 240 Dr M L King Jr Blvd

General Information

Lot size
0.34 Acres

Building Details

Year built
1976

Source: TOWN & COUNTRY REAL ESTATE Agent Al Kirkland

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Four-Unit Multifamily Property For Sale

This property features two buildings, each configured as a duplex. The property comprises four units, with each unit offering two bedrooms and one bathroom. All units are currently occupied, with tenants operating under month-to-month lease agreements. Adequate parking space is available on-site. Situated on a corner lot, the property benefits from its location near City Hall and its proximity to downtown.
Location Intelligence

Current Use by Public Records

Quadplexes

Map

City
Lake Wales
County
Polk
State
Florida
Longitude
-81.4384
Latitude
27.8661

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property near City Hall and downtown.
Where is this quadplex located?
The property is located at 240 Dr M L King Jr Blvd Lake Wales, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: - Four Income-Generating Units: Two duplex buildings providing immediate rental income.; - Two Bedrooms, One Bathroom per Unit: Desirable layout appealing to a broad range of tenants.; - Fully Occupied: Ensuring a consistent stream of revenue.
More about this property
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