The Northside fourplex is a property located in Lake Wales, Polk County, Florida. This property is part of the North Oak 19-unit portfolio. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units offer a 2-bedroom, 1-bathroom configuration and have been fully renovated within the last two years.
Both electricity and water are sub-metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations.
The roofs are in their active life cycle and remain in good condition, contributing to the property’s overall low-maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.
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