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1021 Cohassett Avenue

LAKE WALES, FL 33853
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Bed 7

Bed

Bath 4

Bath

SqFt2,188

Sqft

Acres0.53

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $397,000

AD Id : 85736067

MLS Id : MFRP4939125

Beds : 7

Lot Size : 0.53 Acre

Living Area Size : 2,188

Year Built : 1950

County : Polk

Subdivision: Lake Wales Highland Heights Add

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Feature Features

  • Bedroom Information

    Total Bedroom: 7

    Bathroom Information

    Total Baths: 4

    Interior Features

    Ninguno Roof: Shingle Laundry Features: None

    Roofing Information

    Shingle
  • Flooring Information

    Construction Materials: Stucco
  • Heating & Cooling

    Heating: None Cooling: Wall/Window Unit(s) WaterSource: See Remarks

  • Building Information

    Year Built: 1950
  • Exterior Features

    None Construction Materials: Stucco Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 23021 Lot Acres: 0.53 Lot Size (SqMt): 2139

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$397000

  • Tax Information

    Tax Block: D Tax Book Number: 10-41A Tax Lot: 8 Tax Legal Description: LAKE WALES HIGHLAND HEIGHTS ADDITION PB 10 PGS 41A AND 41B BLK D LOT 8 Annual Tax: $2811 Tax Year: 2025 Parcel Number: 27-30-12-921000-004080

  • Utility Information

    Electricity Connected, Water Connected Sewer: None Water Source: See Remarks
  • Location Information

    Subdivision: LAKE WALES HIGHLAND HEIGHTS ADD City: LAKE WALES Direction: From State Road 60 and US 27, head east on State Road 60. Turn right on S 10th Street and Left on Cohassett Avenue. The property is on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1402 Thousand Roses Dr..., Lake Wales, FL, 33853 $166,000 2 2 858 858 SqFt
425 E Sessoms Avenue, Lake Wales, FL, 33853 $315,000 2 3 1,652 1,652 SqFt
315 Ridge Manor Drive, Lake Wales, FL, 33853 $799,000 6 12 5,030 5,030 SqFt
26 W Polk Avenue, Lake Wales, FL, 33853 $391,498 4 4 1,740 1,740 SqFt
134 E Street #1 2, Lake Wales, FL, 33853 $210,000 4 2 1,080 1,080 SqFt
627 Washington Avenue, Lake Wales, FL, 33853 $340,000 4 2 2,096 2,096 SqFt
130 E Northside Drive, Lake Wales, FL, 33853 $255,000 4 2 1,455 1,455 SqFt
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: MFRMLS #P4939125 LISTED BY: David Reyes, KELLER WILLIAMS REALTY SMART 1 863-508-3000 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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