$165,000
225 W NORTHSIDE DRIVE, LAKE WALES, FL 33853
Beds
3
Baths
1
Sq Ft
912 sq ft
Year Built
1964
Lot Size
0.13 acres
Garage
—
About This Property
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 construction, 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.
Property Overview
Interior Features
Exterior & Lot
Utilities
Parking
HOA & Community
Financial Details
Directions
From US-27 in Lake Wales, head east on SR-60. Turn left onto W Northside Dr and continue north; the destination will be on the right.
Location
225 W NORTHSIDE DRIVE, LAKE WALES, FL 33853
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$165,000
Loan Term
How to Buy This Home
Multiple financing options available for this $165,000 home in LAKE WALES.
🏛️
FHA Loan
$5,775 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
VA Loan
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
Conventional
$8,250 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
USDA Loan
$0 Down
Zero down for eligible rural areas. Income limits apply.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Polk County SHIP
Varies
Income-qualifying Polk residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 2, 2026.