Lake Townhome/Townhouse For Sale

Exceptional Investment Opportunity in Polk County!

Discover this solidly built, income-producing fourplex, ideally positioned just off Hwy 60 in a peaceful rural setting with close proximity to popular recreational destinations like The Resort at Canopy Oaks, River Ranch Resort by Westgate, Guy Harvey's Camp Mack Resort, and Vero Beach just a short drive east!

This multifamily property features two concrete block buildings with shingle roofs, offering a total of four spacious 1-bedroom, 1-bathroom units--each over 800 sq. ft. With thoughtful upgrades and solid infrastructure, this property is both low-maintenance and tenant-friendly.

Property Highlights Include:

o Solid Construction: Two buildings built in 1959 with roofs replaced approx. 4 years ago.
o Tenant-Paid Electricity: Each unit is sub-metered for electric, reducing owner expenses.
o City Water + Renovated Septic: public water (landlord paid) and a recently upgraded septic system.
o Spacious Layouts: Each unit includes a well-maintained kitchen and bathroom, living room and large bedroom.
o Shared Laundry Room: for added convenience.
o Bonus RV Hook-Up: Water and sewer connection available for an RV--perfect for extra income or guest use.



Whether you're a first-time investor or expanding your portfolio, this property qualifies for residential financing, making it a rare attainable investment opportunity.

Enjoy nearby lake access at Lake Walk-in-Water with beach and fishing pier, or tee off at the local golf course--this property combines income potential with a sought-after lifestyle setting!

Property Details

  • Beds: 4
  • Baths: 0.0
  • Sq Feet: 3264
  • Year Built: 1959
  • Location: Lake Weohyakapka (Lake Walk-In-Water)
  • Acres: 0.440
  • County: Polk County
  • Community: INDIAN LAKE ESTATES UNIT 1
  • Heat/AC: Ductless (Heating)
  • Siding: Concrete
  • Roof: Shingle
  • Property Taxes: $4,433
  • MLS #: K4903026
  • Yearly HOA Fee: $347

Location

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Contact Information:

Contact Agent
Listing Agent: Dolores Vogel, Legacy Real Estate Center, Inc, 863-632-5573, 863-676-0200 Listing Site, Listing Status: Active
Copyright © 2025 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.

Ad Statistics:

Lake Townhome/Townhouse For Sale in Indian Lake Estates, Florida
Ad Number : 6482607
Viewed: 22 times
Added: Aug 03, 2025
Updated on: Aug 03, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.