Looking for an investment opportunity? Well look no further! This duplex is nestled in the beautiful city of Lake Wales. There are tenants currently occupying both units, so you can begin to generate revenue on day one! This property’s generous lot, quiet location, and convenient access to the major interstate roads make it an ideal rental option for tenants seeking flexibility and potential income. Each unit is 2 bedroom and 1 bathroom and are both nearly 1,152 living sq. ft. With monthly rents totaling $2,600 and an annual gross income of $31,200. So call today to get in on the action before this amazing opportunity slips away! NO FLOOD ZONE, NO CDD, NO HOA. Don’t miss this unique opportunity—contact me today to schedule a showing!
Sold for $225,000 on 04/26/25
$225,000
627 Washington Ave, Lake Wales, FL 33853
--beds
0baths
2,096sqft
Duplex, Multi Family
Built in 1966
-- sqft lot
$221,500 Zestimate®
$107/sqft
$1,391 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 02:25pm
Listing Provided by:
Carlos Matos 407-223-3713,
TRANSCONTINENTAL REALTY GROUP, 407-401-8522
Bought with:
Non-Member Agent
STELLAR NON-MEMBER OFFICE
Source: Stellar MLS,MLS#: S5119695
Originating MLS: Osceola

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total interior livable area: 2,096 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Exterior features: Private Mailbox
Lot
- Size: 5,663 sqft
Details
- Parcel number: 272934872500007010
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Water Available
Community & neighborhood
Location
- Region: Lake Wales
- Subdivision: WASHINGTON PARK UNIT NO 2 PB 31 PG 57
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Asphalt
Services availability
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Estimated market value
$221,500