425 E Sessoms Avenue, Lake Wales, FL 33853
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: wes fleming
Office: bhhs florida properties group
MLS#:L4957271
Source:MFRMLS
Price summary
- Price:$305,000
- Price per sq. ft.:$158.03
About this home
Reduced price! Motivated seller! High-Yield Turnkey Triplex with 2024 Upgrades! Investors, seize this rare income-producing asset generating $3,000 in gross monthly revenue with an exceptionally low expense profile. Situated on a spacious 0.31-acre lot, this property offers the perfect blend of density and privacy across two solid brick residential buildings. Major 2024 Capital Upgrade: A Brand New Roof was installed across the property in 2024, providing years of worry-free ownership. Both primary buildings are equipped with Central AC to ensure maximum tenant comfort and retention. The Layout:425 E Sessoms Ave: A standalone 1-bedroom, 1-bathroom cottage (685 sq ft) featuring a private 90 sq ft finished screened porch and a classic fireplace. 427 E Sessoms Ave (Front): A private 1-bedroom, 1-bathroom suite with its own dedicated front entrance and porch. 427 E Sessoms Ave (Rear): A secluded private studio with a separate side/rear entrance for ultimate tenant privacy. Bonus Value: A detached large storage building at the rear includes an on-site laundry room, a high-demand amenity that adds significant utility. Built with common brick exterior walls, this property is designed for low-maintenance, long-term performance. With an annual gross income of $36,000 and minimal overhead, this "Cash Cow" is ready for Day 1 operations. Schedule your showing today!...
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Home facts
- Year built:1937
- Subdivision & Development:LAKE WALES
- Listing ID #:L4957271
- Added:257 day(s) ago
- Updated:August 23, 2026 at 03:52 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Flooring:Laminate, Luxury Vinyl, Tile
- Kitchen Description:Range, Refrigerator
- Living area:1,652 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1937
- Building area:1,652 sq. ft.
- Lot area:0.31 Acres
- Construction Materials:Block, Stucco
- Exterior Features:Outbuildings
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$305,000
- Price per sq. ft.:$158.03
- Tax amount:$2,877 (2024)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Laundry Room
- Amenities:Cable Connected, Ceiling Fans(s)
- Pool features:Public Pool
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