Active

$370,000

Features:
  • 2 Bedrooms
  • 3 Bathrooms
  • 685 sq ft
Overview
  • ID: MFRL4957271
  • Bedrooms: 2
  • Bathrooms: 3
  • Size: 685 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$370,000
HOA Fee:
N/A
Tax Amount:
$2877.34
Price per SqFt:
$540.15
Tax Legal Description:
LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
Exterior Features
Lot Size:
13464
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
3
Heating:
Other
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
No
Floor:
Laminate, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1937
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other, Rain Gutters
Additional Features 2:
N/A
Map
  • Address
    425 E SESSOMS AVE
Contact a Professional
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  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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