MULTIFAMILY. CANAL FRONTAGE. PRIME LOCATION Located in eastern Lake Wales, Florida, this multifamily property lot offers canal frontage leading to the largest lake in Polk County with a sprawling 7,528 acres and trophy bass fishing, Lake Walk In Water. The property consists of three separate residences: Unit A: A two-bedroom, one-bath single wide mobile home (1983, 728 sq ft) with a mini-split AC system. This unit is currently occupied, generating $900 per month. Unit B: A one-bedroom, one-bath concrete block apartment (1975, 485 sq ft) with windows on three sides, painted concrete floors and tile walls, small kitchenette and a private dock on the canal. This unit is currently vacant, presenting an immediate opportunity to place a tenant and increase cash flow. It was previously rented for $600 per month. Unit C: A three-bedroom, two-bath completely updated single wide mobile home (1989, 924 sq ft) with a mini-split AC system, large master bedroom with a walk in closet and built in office. This unit is occupied, generating $1,175 per month. The property has two electric meters serviced by FPL: Unit A and B share a meter and Unit C has own meter. There is one well providing water and two separate updated 2019 septic systems: Unit B has own septic and Unit A and C share septic. The drainage field was updated in 2019. The tenants' rent includes lawn care, one garbage can, and septic service. With Unit B currently vacant, you have the potential to boost your returns from day one. The property’s R-3 zoning combined with its prime location on a beautiful canal, 3 blocks from Walk In Water Boat Ramp and an established rental history, this investment is a compelling addition to any portfolio and an excellent opportunity in Polk County. The property is listed twice: Multi-Unit Investment MLS #317338 and Residential MLS #317344