Active

$375,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 685 sq ft
Overview
  • ID: MFRL4957186
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 685 sq ft
Property Details
Remarks
Welcome to 425 E Sessoms Ave in Lake Wales — a solid income-producing triplex with meaningful recent updates already completed. This property features two 2-bedroom, 1-bath units plus an attached studio apartment, each with private entrances and strong rental appeal. Major improvements include a new roof and new air conditioning units, giving peace of mind and helping reduce long-term maintenance costs. These upgrades make this property especially attractive for investors seeking dependable returns or an owner-occupant interested in house hacking by living in one unit while renting the others. Both 2/1 units offer comfortable layouts with room to personalize. The studio apartment provides an additional income stream suited for long-term rental, traveling professionals, or short-term stays. Conveniently located near downtown Lake Wales, Lake Wailes Park, shopping, dining, medical services, and local employers. Key Highlights: • Two 2BR/1BA units + One Studio Unit • New Roof & New A/C Units • Multiple income streams under one roof • Separate entrances and flexible rental configurations • Strong rental demand area close to downtown and community amenities Whether expanding your portfolio or creating a living situation that offsets your mortgage, this property offers flexibility, income, and long-term stability. Schedule your showing today.
Financial Considerations
Price:
$375,000
HOA Fee:
N/A
Tax Amount:
$2877.34
Price per SqFt:
$547.45
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:
4
Bathrooms:
3
Heating:
Other
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
No
Floor:
Laminate, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1937
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    425 E SESSOMS AVE
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