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425 E SESSOMS AVENUE

Multi-family For Sale
$370,000

BTC: 4.16033481

ETH: 126.45249487

21 days
2 bds
685 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Welcome to 425 E Sessoms Ave in Lake Wales — a turnkey income-producing triplex with major capital improvements already completed. This property includes two 1BR/1BA units and one studio apartment, each with private entrances and consistent rental demand. Investors will appreciate the new roof and new A/C units, offering reduced CapEx for years to come and stronger cash-flow stability. With three rentable units under one structure, this triplex supports multiple income strategies: long-term tenants, traveling professionals, or an owner-occupant looking to house hack. The two 1-bedroom units offer functional layouts with easy value-add potential, while the studio provides an additional revenue stream with strong occupancy potential. Located minutes from downtown Lake Wales, Lake Wailes Park, shopping, dining, medical centers, and major employment hubs, this property sits in a high-demand rental corridor. Key Highlights: • Triplex: (2) 1BR/1BA units + (1) Studio • New Roof + New A/C Units = Reduced long-term maintenance • Multiple income streams under one roof • Separate entrances & flexible rental configurations • Strong rental demand close to downtown and amenities Whether you’re expanding your rental portfolio or looking to offset your mortgage with rental income, this property delivers flexibility, stability, and reliable returns. Schedule your showing today.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1937
Lot:
0.31 Acres
Heating:
Other
Price/sqft:
$540
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Luxury Vinyl

    Heating

    • Other

    Cooling

    • Central Air

    Appliances

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other / Rain Gutters

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 273001883000018100

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $2,877

  • Source details

    • MLS ID: L4957271

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Living Area: 685

    • Water Source: Public

    • Subdivision Name: LAKE WALES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS FLORIDA PROPERTIES GROUP