Address: 4924 Washington Street, LAKE WALES, FL 33859
Description
Investor Special: 4 Bedroom / 3 Bathroom Diamond in the Rough with Attached ADU Lake Wales Opportunity! Calling all investors, flippers, & buy and hold buyers! Discover this solid concrete block home at 4924 Washington Street, Lake Wales, FL 33859a true diamond in the rough ready for your vision & TLC to restore its shine & deliver strong ROI. Set on a spacious corner lot with great spacing from neighbors, this unique property features 4 bedrooms & 3 full bathrooms overall: 3 bedrooms / 2 bathrooms in the main residence plus a fully attached accessory dwelling unit (ADU) with its own private 1 bedroom, 1 bathroom, kitchen, living area, tile floors, & separate walk out entrance to the backyardperfect for multi generational living, an in law suite, or separate rental income potential. The main home offers an inviting open floor plan: Enter into a bright living room with high ceilings, abundant windows for natural light, & a convenient bar area. The space flows into a large open kitchen with included appliances (stainless steel LG refrigerator, LG stainless steel oven/range, white Samsung microwave) & tile flooring. A flexible room off the kitchen provides excellent options as a pantry, office, or extra storage. The owner's bedroom enjoys plenty of natural light from its windows & connects to a private bathroom, with the included blue Samsung washer/dryer set nearby (easily adaptable into a dedicated laundry area). Two guest bedrooms share a full bathroom with tiled shower. Outside, enjoy the huge screened in lanai, wraparound driveway, covered carport, & a fully fenced backyard (solid white vinyl fencing) complete with a storage shed. The oversized lot offers room to breathe in this quiet, rural settingjust blocks from beautiful Crooked Lake (one of Polk County's largest public lakes at over 4,000 acres), providing nearby recreation without any flood zone concerns. Conveniently located near Warner University for potential student rental demand, with easy access to town, Bok Tower Gardens, & more. This home has good bones & was clearly well loved by its original owner. With thoughtful updates to bring it to today's standards, it could stand out as a top property in the neighborhoodwhether you rehab & flip for profit, renovate & hold as a rental (main house + income generating ADU for excellent cash flow), or explore other creative uses, the potential is unlimited. Sold strictly AS IS with right to inspectseller has limited knowledge of the property. Bring your tools & ideasthis rare find with character, space, & location awaits the savvy investor! Schedule your showing today.
Investor Special: 4 Bedroom / 3 Bathroom Diamond in the Rough with Attached ADU Lake Wales Opportunity! Calling all investors, flippers, & buy and hold buyers! Discover this solid concrete block home at 4924 Washington Street, Lake Wales, FL 33859a true diamond in the rough ready for your vision & TLC to restore its shine & deliver strong ROI. Set on a spacious corner lot with great spacing from neighbors, this unique property features 4 bedrooms & 3 full bathrooms overall: 3 bedrooms / 2 bathrooms in the main residence plus a fully attached accessory dwelling unit (ADU) with its own private 1 bedroom, 1 bathroom, kitchen, living area, tile floors, & separate walk out entrance to the backyardperfect for multi generational living, an in law suite, or separate rental income potential. The main home offers an inviting open floor plan: Enter into a bright living room with high ceilings, abundant windows for natural light, & a convenient bar area. The space flows into a large open kitchen with included appliances (stainless steel LG refrigerator, LG stainless steel oven/range, white Samsung microwave) & tile flooring. A flexible room off the kitchen provides excellent options as a pantry, office, or extra storage. The owner's bedroom enjoys plenty of natural light from its windows & connects to a private bathroom, with the included blue Samsung washer/dryer set nearby (easily adaptable into a dedicated laundry area). Two guest bedrooms share a full bathroom with tiled shower. Outside, enjoy the huge screened in lanai, wraparound driveway, covered carport, & a fully fenced backyard (solid white vinyl fencing) complete with a storage shed. The oversized lot offers room to breathe in this quiet, rural settingjust blocks from beautiful Crooked Lake (one of Polk County's largest public lakes at over 4,000 acres), providing nearby recreation without any flood zone concerns. Conveniently located near Warner University for potential student rental demand, with easy access to town, Bok Tower Gardens, & more. This home has good bones & was clearly well loved by its original owner. With thoughtful updates to bring it to today's standards, it could stand out as a top property in the neighborhoodwhether you rehab & flip for profit, renovate & hold as a rental (main house + income generating ADU for excellent cash flow), or explore other creative uses, the potential is unlimited. Sold strictly AS IS with right to inspectseller has limited knowledge of the property. Bring your tools & ideasthis rare find with character, space, & location awaits the savvy investor! Schedule your showing today.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Lighting
Fencing: Vinyl
Flooring: Carpet, Ceramic Tile
Living Area: 2400.00
Roof: Metal
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 1.00
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Cable Available, Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Appliances: Dryer, Range, Refrigerator, Washer
Country: US
Furnished: Unfurnished
Interior Features: Living Room/Dining Room Combo
Legal Description: SOUTH LAKE WALES UNIT 1 PB 41 PG 3
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