Property
ActiveResidential
1/43
$310,000

425 E SESSOMS AVENUE

Lake Wales, FL 33853
2
Beds
3
Baths
1,652
SqFt
0.31
Acres
STELLAR
#L4957271
Updated: Jun 30, 2026, 1:08pm

Property Description

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!
Launch 3D Virtual Tour
Opens in a new window
Included Appliances
RangeRefrigerator

Property Details

Interior
Accessibility Features
Accessible BedroomAccessible Closets
Appliances
RangeRefrigerator
Building Area Total
1930
Cooling
Central Air
Flooring
LaminateLuxury VinylTile
Heating
Central
Interior Features
Ceiling Fan(s)Other
Laundry Features
Laundry Room
Living Area
1652
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
3
Property Condition
Completed
Roof
Shingle
Year Built
1937
Site & Exterior
Exterior Features
OutbuildingOther
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.31
Lot Size Area
13464
Lot Size Square Feet
13464
Lot Size Units
Square Feet
Public Survey Range
27
Public Survey Section
01
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Cable ConnectedElectricity Connected
Water Source
Public
Zoning
R-2
Financials
Calculated List Price By Calculated Sq Ft
187.65
Contract Status Change Date
2025-12-08
Current Price
310000
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
No Minimum
Owner Name
OWNER OF RECORD
Ownership
Fee Simple
Parcel Number
273001883000018100
Public Survey Township
30
Tax Annual Amount
2877.34
Tax Block
18
Tax Book Number
1-88A
Tax Legal Description
LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
Tax Lot
10
Tax Year
2024
Total Actual Rent
2776

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33853 - Lake Wales South
Subdivision Name
LAKE WALES
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 1:08pm.
Wes Fleming

Listing Agent

BHHS FLORIDA PROPERTIES GROUP

Call Agent