425 E Sessoms Ave, Lake Wales, Florida 33853

  • $325,000
  • $329,900

Description

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!

Details

  • Property ID L4957271
  • Price $325,000
  • Property Size 1930 Sqft
  • Land Area 0.31 Acres
  • Bedrooms 2
  • Bathrooms 3
  • Year Built 1937
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional
  • Roof Shingle
  • Utilities Cable Connected, Electricity Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Laminate, Luxury Vinyl, Tile
  • County Polk
  • Property Type Residential Income
  • Address: 425 E SESSOMS AVENUE
  • City: Lake Wales
  • State/county: FL
  • Zip/Postal Code: 33853
  • Country: US

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