428 E Johnson Ave | Lake Wales, FL 33853
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- LoopNet Team
428 E Johnson Ave
Lake Wales, FL 33853
Historic Lake Wales Apartments · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Value-Add Potential! Historic multifamily investment property
- Constructed in 1928 with preserved architectural details and historic charm / Recent renovations started, offering value-add potential!
- Strong demand for well-maintained Multifamily Rentals in the area in a vibrant community with diverse demographics
- Six spacious 1-bedroom / 1-bathroom units totaling 4,408 SF total SF
- Situated on lush 0.52 acre parcel zoned R-1B
- Close to Historic Downtown District shopping, dining, cultural attractions, local amenities, parks, schools, and recreational facilities
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.53 AC |
| Property Type | Multifamily | Building Size | 4,408 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | B | ||
| Zoning | R-1B - Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 4,408 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | R-1B - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 27-30-01-883000-044060 | Improvements Assessment | $265,158 |
| Land Assessment | $25,000 | Total Assessment | $290,158 |
PROPERTY TAXES
Parcel Number
27-30-01-883000-044060
Land Assessment
$25,000
Improvements Assessment
$265,158
Total Assessment
$290,158
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