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425 E SESSOMS AVENUE, LAKE WALES, FL - photo 1

$285,000

425 E SESSOMS AVENUE

LAKE WALES, FL 33853

Estimated payment $2,016/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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2Beds
3Baths
1,652Sq Ft
$173Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1937
13,464 sqft Lot

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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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:2
  • •Bathrooms:3
  • •Full bathrooms:0
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,652 sqft
  • •Total interior livable area:1,652 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:13,464 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Duplex
  • •Property subtype:Multifamily

Materials

  • • N/A

Condition

  • •Year built:1937

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Price history

DateEventPrice
2025-12-08T00:00:00.000ZListed for sale$285,000$173/sqft

Listing Agent

Wes Fleming

BHHS FLORIDA PROPERTIES GROUP

Brokerage Phone: 863-701-2350

Source: Stellar MLS · MLS #L4957271

Data Powered by Home Junction, Inc.

Nearby

Schools

EDWARD W BOK ACADEMY NORTH

High · 0.2 mi

SPOOK HILL ELEMENTARY SCHOOL

Elementary · 0.4 mi

POLK STATE COLLEGE - JD ALEXANDER CENTER

0.5 mi

Supermarkets

Publix

1.0 mi

Save-A-Lot

1.3 mi

ALDI

1.8 mi

Dining

Carter's Bar-b-Que

0.3 mi

Wilburs Southern Fried Chicken and Seafood

0.4 mi

Kualao

0.5 mi

Parks

Crystal Lake Park

0.1 mi

Stuart Park

0.6 mi

Lake Wailes Park

0.7 mi

Nearby amenity locations include data © OpenStreetMap contributors.