207 N Phillips Street
Lake Wales, Florida 33853
MLS #U7798615

Multi-Family
  • 5units
$147,500
Est. P&I payment: $563.35/mo
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Description for 207 N Phillips Street, Lake Wales, Florida 33853
3 Single Family Homes & 1 Duplex. Buy now as a Multiplex at multiplex rates & sell later as Single Family Homes when the market goes up.
MLS #U7798615
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My Notes for MLS #U7798615

General Features

  • Property Type: Income
  • Property Style: Four Units
  • Lot Num: 1
  • Special Listing Type: Not Applicable
  • Special Sale Provision: None
  • Year Built: 1925
  • Total Num Buildings: 4
  • Total Units: 5

Exterior Features

  • Architectural Style: Bungalow
  • Exterior Construction: Wood Frame
  • Exterior Features: Balcony/Sun Deck,​Oak Trees
  • Front Exposure: Northeast
  • Roof: Metal
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18,731
  • Lot Dimensions: 215x74
  • Garage Carport: 1 Car Carport
  • Garage Dimensions: 10x10
  • Garage Features: Guest Parking
  • Pool: None
  • Porches: 3
  • Sidewalk YN: 1

Interior Features

  • Additional Rooms: Family Room
  • Master Bath Features: Shower No Tub
  • Floor Covering: Wood
  • Interior Features: Ceiling Fan(S)
  • Interior Layout: Eating Space In Kitchen
  • Kitchen Features: Breakfast/Snackbar
  • Sq Ft Heated: 2,556
  • Square Foot Source: Public Records
  • Num 1 Bed 1 Bath: 2
  • Num 2 Bed 2 Bath: 600
  • Num of Pets: 3

Utility Features

  • Utilities: Electric
  • Air Conditioning: Wall Units/Window
  • Appliances Included: None,​Refrigerator
  • Green Landscaping: Veg. (Productive) Garden
  • Heating and Fuel: Wall Units / Window Unit

Financial Features

  • Taxes: 976
  • Tax Year: 2015
  • HOA Common Assn: None
  • Total Monthly Expenses: 125
  • Total Monthly Rent: 2,800
  • Annual Expenses: 1,500
  • Annual Gross Income: 33,600
  • Annual Net Income: 32,000
  • Avg Rent Efficiency: 500
  • Avg Rent 1 Bed 1 Bath: 500
  • Avg Rent 2 Bed 1 Bath: 3
  • Security Deposit: 1,000
  • Lease Terms: Month To Month
  • Est Annual Market Income: 32,000
  • Financial Source: Owner
  • Financing Available: Cash,​Conventional

Community Features

  • County: Polk
  • Township: 30
  • Legal Subdivision Name: FRANCIS RESUB
  • Location: Close to Bus Line,​Street Paved
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: FRANCIS RESUBDIVISION PB 16 PG 50 BLK B LOTS 1 13 & 14
  • Block Parcel: B
  • Parcel Number: 27-30-02-900500-002010
  • Plat Book Page: 16-50
  • Additional Parcel YN: 1
  • Num of Additional Parcels: 1
  • Flood Zone Code: X
  • Pets Allowed YN: 1
  • Pet Restrictions: none
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 120
  • Range: 27
  • Zoning: C-2

Location

 
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Directions to 207 N Phillips Street, Lake Wales, Florida 33853
From Route 60, go North on Martin Luther King Jr. Blvd & make right on Sessoms Street & then make first right on Phillips Street, property located at the South West Corner of Sessoms & Phillips Street
The listing information for 207 N Phillips Street, Lake Wales, Florida 33853 was graciously provided by our friends at the listing brokerage, Jack Keller Inc

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P&I Payment $563.35
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Realty Professionals of Florida's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Realty Professionals of Florida, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing data provided by MFRMLS (My Florida Regional MLS)
Last Updated 08/23/2017 at 9:33am
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