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For SaleDuplexActive

425 E Sessoms Avenue

Lake Wales, FL 33853

$285,000

338 Days On Site

  • 2Beds
  • 3Baths
  • 1,652Sq Ft
  • $173Per Sq Ft
  • 0.31Acres
  • 1937Built
Subdivision
Lake Wales
County
Polk
MLS®
L4957271

Overview

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!

Listing Snapshot

Price
$285,000
Days On Site
338 Days
Bedrooms
2
Inside Area (SqFt)
1,652 sqft
Total Baths
3
Full Baths
N/A
Partial Baths
0
Lot Size
0.31 Acres
Year Built
1937
MLS® Number
L4957271
Status
Active
Property Tax
$2,877.34 (2024)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

9 items
Acres
0.31
Foundation
Slab
Levels
One
Property Sub Type
Duplex
Sewer
Public Sewer
SqFt Total
1,930
Utilities
Cable Available, Cable Connected, Electricity Connected
Water Source
Public
Zoning
R-2

Interior Features

6 items
Appliances
Range, Refrigerator
Cooling
Central Air
Flooring
Laminate, Tile
Heating
Central
Interior
Other
Laundry Features
Laundry Room

Exterior Features

3 items
Construction Details
Block, Stucco
Exterior
Other
Roof
Shingle

Community Features

5 items
Accessibility Features
Accessible Entrance, Accessible Bedroom, Accessible Closets
MLS Area
33853 - Lake Wales South
Township
30
Financing Terms Available
Cash, Conventional
Roads
Asphalt

Location

425 E Sessoms Avenue, Lake Wales, FL 33853 · 33853 - Lake Wales South

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Neighborhood & Commute

ZIP Code 33853

Median household income
$44,608
Income per person
$24,287
Households
4,917
Average household size
2.50
Median age
42.3

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $285,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

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Listing courtesy of BHHS FLORIDA PROPERTIES GROUP (863) 666-4136

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 03:35 PM EST

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