About This Home

This 3-bedroom, 1-bathroom single family at 225 W NORTHSIDE Drive in Lake Wales, FL is listed for $165,000 ($181 per sqft). Built in 1964, the home offers 912 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1964
  • 0.13 acre lot

Property Details

1 story
1 full
1964

Amenities

A/C
Listing Description

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 constructio

n, 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.

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

225 W NORTHSIDE Drive

Lake Wales, FL 33853

ACREAGE

Features & Amenities

Interior Features

Ninguno

Exterior Features

Lighting

Property Details

Flooring

CarpetTile

Construction

Block

Heating

Ductless (Heating)

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

DryerRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 1-bathroom single family at 225 W NORTHSIDE Drive is listed at $165,000 ($181/sqft). The estimated monthly payment is $882 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.13 acre lot. Interior Features: Ninguno. Exterior Features: Lighting.

This property is listed by David Small.

DS

David Small

Agent at Smart Realty of Winter Haven LLC

Listed by Smart Realty of Winter Haven LLC · Broker phone: (863) 508-3000 · View on Broker Site

MLS# L4961375· Source: Stellar MLS· 191 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

225 W NORTHSIDE Drive, Lake Wales, FL 33853

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