485 D STREET, Lake Wales, FL 33853
- 10 beds |
- 2 baths |
- 2,528 sqft
Multi-Family Home
Built in 1960
6,970sqft lot
—— car garage
$119/sqft
Listed 3 days ago
Property Description
Situated directly across from Janie Howard Wilson Elementary, this concrete block property presents an exceptional investment opportunity with significant income potential. Offering 10 bedrooms, 2 bathrooms, 2 kitchens, and an office space, the layout is ideal for generating strong cash flow through rental income with multi-tenant, single bedroom leasing. The property features an 8 year old metal roof, several replaced windows, and the bedrooms that have been updated over the years. In addition, there is storage space at the back of the property that used to be a store front, but could be converted into rentable storage units or additional rooms to maximize returns. Much of the heavy lifting has already been done, and with targeted improvements, this property has the ability to become a high-performing income-producing asset. Call today to schedule a walk-through and explore the possibilities.
- Listing Status:
- Active
- Date Added:
- August 19, 2025 at 05:00AM
- Listing Office:
- EXIT KING REALTY : 941-497-6060
- Listing Agent:
- Alysa Casorla : 719-660-9695
- MLS ID:
- A4662599

- General: Built-in Features
- Laundry: None
- A/C: Wall/Window Unit(s)
- Heating: None
This listing courtesy of Alysa Casorla, EXIT KING REALTY
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Janie Howard Wilson School
306 Florida Ave, Lake Wales, FL, 33853
Grades PK-5
0.06 miles away
Roosevelt Academy
115 E St, Lake Wales, FL, 33853
Grades 6-12
0.42 miles away
Roosevelt Academy
115 E St, Lake Wales, FL, 33853
Grades 6-12
0.42 miles away