Listing Details for MLS # S5100068
524 Washington Avenue, Lake Wales, Fl 33853

Residential Property - Single Family Residence in Lake Wales

Listing Price: $130,000Days on Market: 169

Description of Property

This charming 2-bedroom, 1-bathroom home is a TURN KEY ready gem! Perfect for those looking to scale down or seeking an investment property, this lovely residence boasts numerous updates throughout. Upon entering, you'll notice the inviting front enclosed porch, ideal for enjoying your morning coffee or relaxing in the evening. Inside, the home features laminate vinyl plank flooring throughout, providing both durability and aesthetic appeal. Say goodbye to carpet maintenance! The functionality of the home is further enhanced by a brand-new roof, installed in 2023, offering peace of mind for years to come. Additionally, the fenced large backyard with a parking pad offers convenience and security. The layout includes an eat-in kitchen, a hall bath, and two cozy bedrooms, making it both practical and comfortable. Situated in a highly accessible location near Hwy 27 and Alt 17 in historic Lake Wales, this property provides easy access to major highways, as well as the flourishing Lake Wales community's new restaurants and shopping areas. For investors, this property presents a lucrative opportunity with a rate of return of less than 6 years based on market rent in the area. Don't miss out on this fantastic investment potential or the chance to own a beautifully updated home in Lake Wales!The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $166,129. This single family residence is listed at about 78% of the average asking price. There are 6 2 bedroom/1 bath homes between $100,000 and $200,000 currently listed for sale in this Zip code. See other listings like this one »