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$285,000
LAKE WALES, FL 33853
Estimated payment $2,016/month
no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
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!
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2025-12-08T00:00:00.000Z | Listed for sale | $285,000$173/sqft |
Wes Fleming
BHHS FLORIDA PROPERTIES GROUP
Brokerage Phone: 863-701-2350
Source: Stellar MLS · MLS #L4957271
Data Powered by Home Junction, Inc.
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
Publix
1.0 mi
Save-A-Lot
1.3 mi
ALDI
1.8 mi
Carter's Bar-b-Que
0.3 mi
Wilburs Southern Fried Chicken and Seafood
0.4 mi
Kualao
0.5 mi
Crystal Lake Park
0.1 mi
Stuart Park
0.6 mi
Lake Wailes Park
0.7 mi
Nearby amenity locations include data © OpenStreetMap contributors.