425 E SESSOMS AVENUE at

425 E SESSOMS AVENUE

For sale Days on market 63

$360,000

$526/sq ft

$10,000
Price Decreased

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Overview

Bedroom

Year Built

1937

Sqft

685

Property Type

Duplex

Property Description

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.

Property Details

MLS#

L4957271

Address

425 SESSOMS E

City

Lake Wales

State/county

Zip/Postal Code

33853

Area

Lake Wales

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,877

Maint Fee

$--

Tax Year

2024

Refrigerator

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