Price Reduced 12.16%

$325,000 ($196.73 per sqft)

Est. Mortgage $1,642/mo *

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Price History

$370,000
12/8/2025

$365,000
1/19/2026

$360,000
2/9/2026

$355,000
3/3/2026

$349,900
4/3/2026

$344,900
4/21/2026

$339,900
5/4/2026

$334,900
5/12/2026

$329,900
5/19/2026

$325,000
5/26/2026

425 E SESSOMS AVENUE, Lake Wales, FL, 33853

425 E SESSOMS AVENUE, Lake Wales, FL, 33853
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2 beds

1937

1,652 sqft

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!

Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry Room

Units:

3

Subdivision:

LAKE WALES

Heating:

Central

Cooling:

Central Air

Acreage:

0.31

Est. Taxes:

$2,877

Construction

Block, Stucco

Utilities

Cable Connected, Electricity Connected

Days on Market:

169

Appliances:

Range, Refrigerator

Lease Term Type:

12 Months

Min Lease Term:

No Minimum

MLS #:

L4957271

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of BHHS FLORIDA PROPERTIES GROUP 863-701-2350