425 Sessoms Avenue, LAKE WALES, FL 33853
  • MLS#: L4957271 ( Residential Income )
  • Street Address: 425 Sessoms Avenue
  • Viewed: 42
  • Price: $360,000
  • Price sqft: $225
  • Waterfront: No
  • Year Built: 1937
  • Bldg sqft: 1600
  • Bedrooms: 2
  • Total Baths: 3
  • Days On Market: 76
  • Additional Information
  • Geolocation: 27.9056 / -81.5826
  • County: POLK
  • City: LAKE WALES
  • Zipcode: 33853
  • Subdivision: Lake Wales
  • Provided by: BHHS FLORIDA PROPERTIES GROUP
  • Contact: Wes Fleming
  • 863-701-2350
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to 425 E Sessoms Ave in Lake Wales a turnkey income producing triplex with major capital improvements already completed. This property includes two 1BR/1BA units and one studio apartment, each with private entrances and consistent rental demand. Investors will appreciate the new roof and new A/C units, offering reduced CapEx for years to come and stronger cash flow stability. With three rentable units under one structure, this triplex supports multiple income strategies: long term tenants, traveling professionals, or an owner occupant looking to house hack. The two 1 bedroom units offer functional layouts with easy value add potential, while the studio provides an additional revenue stream with strong occupancy potential. Located minutes from downtown Lake Wales, Lake Wailes Park, shopping, dining, medical centers, and major employment hubs, this property sits in a high demand rental corridor. Key Highlights: Triplex: (2) 1BR/1BA units + (1) Studio New Roof + New A/C Units = Reduced long term maintenance Multiple income streams under one roof Separate entrances & flexible rental configurations Strong rental demand close to downtown and amenities Whether youre expanding your rental portfolio or looking to offset your mortgage with rental income, this property delivers flexibility, stability, and reliable returns. Schedule your showing today.
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Features
Appliances
  1. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
  2. Rain Gutters
Flooring
  1. Laminate
  2. Luxury Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Other
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Other
Legal Description
  1. LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
Levels
  1. One
Living Area
  1. 685.00
Area Major
  1. 33853 - Lake Wales South
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 27-30-01-883000-018100
Possession
  1. Close Of Escrow
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Other
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
Township
  1. 30
Utilities
  1. Cable Connected
  2. Electricity Connected
Views
  1. 42
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/L4957271
Water Source
  1. Public
Year Built
  1. 1937
Zoning Code
  1. R-2
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