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
Open on Google Maps-
Address: 425 E SESSOMS AVENUE
-
City: Lake Wales
-
State/county: FL
-
Zip/Postal Code: 33853
-
Country: US
360° Virtual Tour
What's Nearby?
- Active Life
-
Active Dog Services (28.74 mi)
-
All Active Physical Therapy (42.76 mi)
-
Active Medical Transport (13.97 mi)
-
Active Spine Center (67.07 mi)
- Restaurants
-
Southern sweetness Soul Food (0.29 mi)
-
Vibin' Vinny's (0.38 mi)
-
Lake Wales Latte Lounge (0.39 mi)
-
La-Herradura (0.39 mi)