3818 Red Oak Court, Lake Wales, FL 33898

$489,400
4
BD
4
BA
2,160
SqFt

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List Price
$489,400
Status
Active
Days on Market
51
Price Change
▼ $500 1783974375
MLS#
O6414909
Property Style
Single Family
Year Built
1994
Bedrooms
4
Bathrooms
4
Baths Half
2
Living Area
2,160
Lot Size
22,446
Acres
0.52
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Country Oaks Estates
MLS Area Major
Lake Wales

Property Description

Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.

Additional Information

Taxes
$4052
Minimum Lease
1-2 Years
Community Features
No Deed Restriction
Property Description
Two Story
Interior Layout
Thermostat, Window Treatments
Interior Features
Thermostat, Window Treatments
Floor
Laminate
Appliances
Convection Oven, Dishwasher, Range Hood, Refrigerator
Utilities
Cable Connected, Natural Gas Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Lighting, Private Entrance
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Elementary School
Spook Hill Elem
Middle School
Mclaughlin Academy Of Excellence
High School
Lake Wales Senior High
Flood Zone Code
X
Parcel ID
28-29-33-937792-000980
Legal Description
COUNTRY OAKS ESTATES UNIT 6 PB 75 PG 19 LOT 98 LESS BEG NW COR LOT 98 N89-30-10E 183.49 FT TO NE COR OF LOT 98 S0-02-27E 16 FT N85-30-34W 184.05 FT TO POB

Listing courtesy of THE REALTY MEDICS. 321-947-7653

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