130 Northside ,Duplex, Northside Heights en Venta

130 Northside en Venta

Precio $255,000.00

• Tamaño de lote 10197
• Año de construcción 1938
• Frente al agua
• Zip 33853
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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 purchase—and closer to about a 9% cap with just 20% down at today's prevailing rates—this 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

NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 12

Less Than 1/4 Acre Lot, Less Than 1 Acre

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 purchase—and closer to about a 9% cap with just 20% down at today's prevailing rates—this 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

City:Lake Wales,Roof:1:Other,View:1:Other,2:Lake View,3:Other Water View,View Y N:1,Zoning:R3,Country:United States,Heating:1:Electric,List A O R:BeachesMLS,Stories:1,Tax Year:2025,Latitude:27.9120404,Cooling Y N:1,Heating Y N:1,List Price:255000,Listing Id:R11150451,Longitude:-81.6095091,Mls Status:Active,Utilities:1:Electricity Available,2:Natural Gas Available,Year Built:1938,High School:Lake Worth,Living Area:1455,Postal Code:33853,Street Name:Northside,Coordinates:1:27.9120404,Gross Income:2400,Lot Features:1:Less Than 1 Acre,Photos Count:24,Days On Market:167,Listing Terms:1:Conventional,2:FHA,3:FHA 203K,4:VA Loan,Lot Size Acres:0.23,Lot Size Units:Square Feet,M I A M I R E_ Area:5940 Florida Other,M L S Area Major:Northside Heights,On Market Date:2025-12-31,Parcel Number:342927875300001120,Property Type:Residential Income,Stories Total:1,Street Number:130,Street Suffix:Drive,Waterfront Y N:1,Public Remarks: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 purchase—and closer to about a 9% cap with just 20% down at today's prevailing rates—this 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,Tax Exemptions:1:Tax Reflects Other Tax Exemption,County Or Parish:Polk County,Documents Count:1,Expiration Date:2026-11-30,List Office Name:Simon Gray Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:E,Subdivision Name:NORTHSIDE HEIGHTS,Tax Annual Amount:3631,Total Actual Rent:2400,Unparsed Address:130 E Northside Drive, Lake Wales FL 33853,Elementary School:Lakeside,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:1831,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:10197,M I A M I R E_ L P Amt Sq Ft:175.2577,Original List Price:260000,Previous List Price:258000,Building Area Source:Appraisal,I D X Participation Y N:1,M I A M I R E_ Last Status:Active,M I A M I R E_ Sub Board I D:Palm Beach,Net Operating Income:28800,Number Of Units Total:2,Syndication Remarks: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 purchase—and closer to about a 9% cap with just 20% down at today's prevailing rates—this 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,Listing Contract Date:2025-12-31,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Street Number Numeric:130,Tax Legal Description:NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 12,Electric On Property Y N:1,M I A M I R E_ Current Price:255000,Middle Or Junior School:Lake Worth Community Middle,Bathrooms Total Integer:2,M I A M I R E_ Year Installed:1938,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),M I A M I R E_ Parcel Number M L X:3429,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-12-31,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:561-598-9409,M I A M I R E_ Approx Sqft Total Area:10197,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:175.26,Internet Automated Valuation Display Y N:1,