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About this home
225 W Northside Dr is a 1964-built home in Acreage, Lake Wales. Inside you'll find 3 bedrooms, 1 bathrooms, and 912 square feet of living space. Listed at $165,000 (about $181/sqft), 149 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. INVESTOR OPPORTUNITY — RENTAL INCOME ALREADY IN PLACE! Looking for an investment property with rental income from day one? This well-maintained 3-bedroom, 1-bath concrete block home is currently rented for $1,225 per month, providing an immediate income-producing opportunity for an investor looking to add a solid property to their portfolio. The home has already received several desirable updates, helping minimize immediate renovation needs. The recently updated kitchen features stainless steel appliances, while ceramic tile flooring throughout the main living areas offers durability and easy maintenance. The bedrooms feature brand-new carpet, and the updated bathroom includes a single vanity and tub. A dedicated laundry area with an included washer and dryer adds convenience for tenants and additional appeal as a rental property. The generously sized lot is fully fenced in both the front and backyard with chain-link fencing, offering valuable outdoor space for tenants and pets. The grassy front yard provides curb appeal, while the unpaved driveway accommodates up to three vehicles. Located near Lake Wales Park and Kiwanis Park, the property offers convenient access to recreation, shopping, dining, and everyday necessities. With a tenant already in place at $1,225/month, updated interior features, durable block construction, and a spacious fenced lot, this property offers investors an opportunity to acquire an established rental rather than starting from scratch. Income-producing. Tenant occupied. Updated. Low-maintenance block construction. Ready for its next investor.
The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$165,000
$181 per sq ft
Beds and baths
3 beds, 1 baths
Size
912 sq ft
Time on market
169 days
Year built
1964
Monthly payment
About $1,117/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,087 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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