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524 Washington Ave Lake Wales, Florida 33853 MLS# MFRS5100068
Under contract-accepting backup offers. This charming 2-bedroom, 1-bathroom home is a TURN KEY ready gem! Perfect for those looking to scale down or seeking an investment property, this lovely residence boasts numerous updates throughout. Upon entering, you'll notice the inviting front enclosed porch, ideal for enjoying your morning coffee or relaxing in the evening. Inside, the home features laminate vinyl plank flooring throughout, providing both durability and aesthetic appeal. Say goodbye to carpet maintenance! The functionality of the home is further enhanced by a brand-new roof, installed in 2023, offering peace of mind for years to come. Additionally, the fenced large backyard with a parking pad offers convenience and security. The layout includes an eat-in kitchen, a hall bath, and two cozy bedrooms, making it both practical and comfortable. Situated in a highly accessible location near Hwy 27 and Alt 17 in historic Lake Wales, this property provides easy access to major highways, as well as the flourishing Lake Wales community's new restaurants and shopping areas. For investors, this property presents a lucrative opportunity with a rate of return of less than 6 years based on market rent in the area. Don't miss out on this fantastic investment potential or the chance to own a beautifully updated home in Lake Wales!
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