315 DORSETT AVENUE Unit# A & B, Lake Wales, Florida, 33853
$400,000
1,755 Sqft
0.15 Acres
5 bd
3 ba
#P4940337
Virtually Staged. NO HOA! 2 HOMES-1 LOT! BRAND NEW CONSTRUCTION! A unique opportunity featuring a $40K grant from Lake Wales for down payment and closing cost assistance for a qualified owner-occupant! Listed below the FHA appraised value and priced at $400K this brand-new construction property features two separate single-family residences on one lot, a 3-bedroom/2-bathroom home and a 2-bedroom/1-bathroom home, each complete with its own private entrance and seperate water/electric meters, full kitchen, and washer/dryer hookups. This makes it an ideal home ownership hack for first-time buyers to live in one unit and let rental income from the other cover a major portion of the mortgage, or an incredible cash-flowing option for investors. Because an FHA appraisal is already on file, FHA buyers can use it smoothly to process their loan with no worries about appraising, and lenders can factor projected rental income into your qualification so you may qualify for more than you think. Seller concessions are also available depending on the offer. You're not just buying a home, you're buying a future! Set in the growing city-invested community of Lake Wales, the home offers fantastic convenience just minutes State Road 60 and US-27, Walmart Supercenter, healthcare at AdventHealth Lake Wales, everyday shopping at Lake Wales Plaza, and local dining spots like Lake Wales Family Restaurant.
PROPERTY FEATURES
- Utilities : BB/HS Internet Available, Cable Available, Electricity Connected, Emergency Power, Fiber Optics, Sewer Connected, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Parking Features : Private Entrance, Rain Gutters, Sidewalk
- Exterior Features : Private Entrance, Rain Gutters, Sidewalk
- Lot Features : Sidewalk
- Patio And Porch Features : Covered, Front Porch, Patio
- Road Surface Type : Paved
- Roof : Shingle
- Heating : Central
- Cooling : Central Air
- Construction Materials : Stucco
- Interior Features : Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
- Laundry Features : Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
- Appliances : Dishwasher, Microwave, Range, Refrigerator
- Flooring : Luxury Vinyl
PROPERTY DETAILS
ID: P4940337
Status: Active
Price: $400,000
Acres: 0.15 Acres
Price Per Acre: $2,666,667
Type: Other
Address: 315 DORSETT AVENUE Unit# A & B
City, State: Lake Wales, Florida
County: Polk
Zip Code: 33853
Lat/Long: 27.90915, -81.592987
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