425 E Sessoms Ave., Lake Wales, FL 33853

425 E Sessoms Ave., Lake Wales, FL 33853
Photo 1 of 44
$344,900
Beds Baths Sq. Ft. Taxes Built
2 0.00 1,652 $2,877.34 1937
On the market: 137 days
Recent price change: $349,900
Other active MLS# for this property: L4957271 L4957271 L4957271

Est. Monthly Payment:

$2,305($2,065 + $240 taxes*)

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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 courtesy of Wes Fleming, BHHS FLORIDA PROPERTIES GROUP