To schedule a showing of 425 E Sessoms Avenue, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!
$325,000 | 2 beds | N/A full baths | N/A half baths | 1,652 sqft
Lake Wales, FL 33853
- 2Beds
- 3.00Total Baths
- 0 Full, 0 HalfBaths
- 1,652SqFt
- 1937Year Built
- 0.31Acres
- MLS# L4957271
- Income
- Duplex
- Active
- Approx Time on Market5 months, 29 days
- Area33853 - Lake Wales South
- CountyPolk
- Subdivision Lake Wales
Overview
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!
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 3.00
Building Info
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Exterior Features: OutBuildings, Other
Fees / Restrictions
Financial
Gross Income: 33,312
Expense Tenant: Electricity
Original Price: $370,000
Garage / Parking
Green / Env Info
Interior Features
Floors: Laminate, LuxuryVinyl, Tile
Levels: One
Laundry Features: LaundryRoom
Interior Features: CeilingFans, Other
Appliances: Range, Refrigerator
Lot Info
Direction Remarks: Hwy 60 to 1st St. Turn north on 1st St, then right onto E Sessoms Ave. Property will be on your left.
Lot Size Units: Acres
Lot Size Acres: 0.31
Lot Sqft: 13,464
Misc
Other
Other Structures: Outbuilding
Special Conditions: None
Other Rooms Info
Property Info
Section: 01
Class Type: Duplex
Property Sub Type: Duplex
Property Condition: NewConstruction
Construction Materials: Block, Stucco
Stories: 1
Accessibility: AccessibleBedroom, AccessibleClosets
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 1,652
Bulding Area Sqft: 1,930
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 10
Tax Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
Tax Block: 18
Tax Annual Amount: 2877.34
Tax Book Number: 1-88A
Unit Info
Total Units: 3
Total Actual Rent: 2,776
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: CableConnected, ElectricityConnected
Waterfront / Water
Directions
Hwy 60 to 1st St. Turn north on 1st St, then right onto E Sessoms Ave. Property will be on your left.This listing courtesy of Bhhs Florida Properties Group
MLS# O6409873 
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MLS IDX data last updated on 06-06-2026 7:56 PM EST.
If you have any questions on 425 E Sessoms Avenue, Lake Wales, Florida, please call David Shippey at 863-521-4517.
MLS# L4957271 located at 425 E Sessoms Avenue, Lake Wales, Florida is brought to you by David Shippey REALTOR®
425 E Sessoms Avenue, Lake Wales, Florida has 2 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 425 E Sessoms Avenue, Lake Wales, Florida is L4957271.
The price for 425 E Sessoms Avenue, Lake Wales, Florida is $325,000.
The status of 425 E Sessoms Avenue, Lake Wales, Florida is Active.
The subdivision of 425 E Sessoms Avenue, Lake Wales, Florida is Lake Wales.
The home located at 425 E Sessoms Avenue, Lake Wales, Florida was built in 2026.