$397,000

1021 COHASSETT AVENUE, Lake Wales, FL 33853

  • 8 beds |
  • 4 baths |
  • 2,188 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $181/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee. The property consists of four income-producing rental units, including: One 3-bedroom unit currently leased for $1,200 per month One 2-bedroom unit currently leased for $850 per month One 1-bedroom unit currently leased for $850 per month One detached cottage currently leased for $850 per month All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

Listing Status:
Active
Date Added:
June 22, 2026
Data Last Updated:
July 27, 2026 at 5:23AM
Listing Office:
KELLER WILLIAMS REALTY SMART 1 : 863-508-3000
Listing Agent:
David Reyes : 863-206-8278
MLS ID:
P4939125
  • General: Ninguno
  • Laundry: None
  • A/C: Wall/Window Unit(s)
  • Heating: None
  • General: None
  • Roofing: Shingle
  • General: StuccoSlab
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: R-3LAKE WALES HIGHLAND HEIGHTS ADDITION PB 10 PGS 41A AND 41B BLK D LOT 827-30-12-921000-004080
  • Utilities: Electricity ConnectedWater Connected
  • Water: See Remarks
  • Sewer: None
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of David Reyes , KELLER WILLIAMS REALTY SMART 1

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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