425 Sessoms Avenue, LAKE WALES, FL 33853
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Priced at Only: $349,900
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Address: 425 Sessoms Avenue, LAKE WALES, FL 33853
Property Location and Similar Properties
- MLS#: L4957271 ( Residential Income )
- Street Address: 425 Sessoms Avenue
- Viewed: 67
- Price: $349,900
- Price sqft: $181
- Waterfront: No
- Year Built: 1937
- Bldg sqft: 1930
- Bedrooms: 2
- Total Baths: 3
- Days On Market: 132
- 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

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DescriptionHigh 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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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Outbuildings, Other
- Flooring: Laminate, Luxury Vinyl, Tile
- Living Area: 1652.00
- Roof: Shingle
Property Information
- Property Condition: Completed
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity
Other Features
- Accessibility Features: Accessible Bedroom, Accessible Closets
- Appliances: Range, Refrigerator
- Country: US
- Interior Features: Ceiling Fans(s), Other
- Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
- Levels: One
- Area Major: 33853 - Lake Wales South
- Occupant Type: Tenant
- Parcel Number: 27-30-01-883000-018100
- Possession: Close Of Escrow
- Views: 67
- Zoning Code: R-2
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- Mobile: 727.487.2232
- cindykoenig.realtor@gmail.com














































