325 Dorsett Avenue, Unit A&B

Lake Wales, FL 33853

$194,900
Price
4
Beds
1,420 Sq. Ft.
$137 / Sq. Ft.
1,420
Sq. Ft.
$137
per Sq. Ft.

Description

This block construction duplex in Lake Wales features two 2 bed, 1 bath units, each currently rented at $800/month. With rental comps in the area at $1,100/month, there’s excellent potential to increase cash flow. This property is easily maintained thanks to its solid block construction, making it a hassle-free investment. A great opportunity for investors looking for steady income and room for growth in rental rates! Both Leases that are in place expire in DecemberThis block construction duplex in Lake Wales features two 2 bed, 1 bath units, each currently rented at $800/month. With rental comps in the area at $1,100/month, there’s excellent potential to increase cash flow. This property is easily maintained thanks to its solid block construction, making it a hassle-free investment. A great opportunity for investors looking for steady income and room for growth in rental rates! Both Leases that are in place expire in December
  1. Listed by Wes Fleming • LA ROSA REALTY PRESTIGE

Property Details for 325 Dorsett Avenue, Unit A&B

Subdivision Name
THULBERRYS SECOND SUB
Township
30
Waterfront
No
LISTING UPDATED: 11/13/2024 03:38 PM

Property Details for 325 Dorsett Avenue, Unit A&B

StatusActive
MLS #L4948447
Days on Market28
Taxes$1,853 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1961
Lot Size0.14 AC / 6,190 SF
CountyPolk County

Building Information for 325 Dorsett Avenue, Unit A&B

Stories-Residences1Year Built1961Building Size-Lot Size0.14 AC / 6,190 SF

Property Information for 325 Dorsett Avenue, Unit A&B

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: from SR 17 headed north. Take a left turn on JA Wiltshire ave, and follow to MLK ave. turn left travel two blocks turn left. the property will be on your right.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 325
  • Street Name: DORSETT
  • Street Suffix: AVENUE
  • Unit Number: A&B
  • State: FL
  • City: LAKE WALES
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 8
  • Tax Book Number: 24-21
  • Tax Legal Description: THULBERRYS SECOND SUB PB 24 PG 21 BLK 8 LOT 13
  • Tax Lot: 13
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 46x134
  • Parcel Number: 27-30-02-899000-008130
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: IND
  • Living Area: 1420
  • Lot Dimensions: 46x134
Property and Assessments
  • Year Built Numeric: 1961
  • Flood Zone Code: x
  • New Construction: No
  • Public Survey Range: 27
  • Public Survey Section: 02
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available
  • Water Source: Public
  • Num Electric Meters: 2.0
  • Num Water Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Electric
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Outside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $19,200.00
  • Total Monthly Expenses: $0
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Garage Attached 1: No
  • Unit Type Heated Sq Ft 1: 710
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 800
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Garage Attached 2: No
  • Unit Type Heated Sq Ft 2: 710
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 800
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Total Actual Rent: $1,600

Property History for 325 Dorsett Avenue, Unit A&B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 325 Dorsett Avenue, Unit A&B

Taxable ValueLand-Additions-Total-
Tax Record2023$1,853 ($154 / month)
Home Facts
Total Finished SqFt1,420 SqFtAbove Grade Finished SqFt1,420 SqFtStories1Lot Size6,190 SqFtStyleMulti-Family Dwelling (2-4)Year Built1961Year Renovated1971ZoningINDCountyPOLKAPN273002899000008130

Schools near 325 Dorsett Avenue, Unit A&B

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 10
Rating
School
Distance
Spook Hill Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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325 Dorsett Avenue, Unit A&B is a multi-family home for sale in Lake Wales, FL 33853. This property was listed for sale on October 28, 2024 by LA ROSA REALTY PRESTIGE, it's currently listed at $194,900. It has been on the market for a total of 28 days and was last sold on October 31, 2018. This listing's school district is Polk. Nearby schools include Spook Hill Elementary School, Bartow Elementary Academy and Union Academy. 325 Dorsett Avenue, Unit A&B is a 4-bed, 0-bath, 1,420 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LA ROSA REALTY PRESTIGE, Wes Fleming

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/13/2024 03:38 PM