- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$285,000
Monthly Est:$1,419
2 Beds
3 Baths
1,652sqft
425 E Sessoms Ave, Lake Wales, FL 33853
$285,000
$1,419/moEst:
Get Pre-Approved
Duplex
Built in 1937
$-- HOA
13,464 sqft lot
$173/sq.ft
Description
Reduced price! Motivated seller! 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!
- Houzeo last checked: 1 hour ago
- Listing updated: October 6, 2026 at 4:32 pm
- Listing Provided by: Wes Fleming (863) 666-4136 | BHHS FLORIDA PROPERTIES GROUP (863) 701-2350
- Source: Stellar MLS-FL | MLS#: L4957271
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1937
HOA Fees
-
Finished Area
1,652 sqft
Lot Size
13,464 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
L4957271
MLS Status
Active
Days on Market
304
Cumulative Days on Market
302
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 3
Interior
Sewer
Public Sewer
Interior Features
Ceiling Fans(s), Other
Appliances
Range, Refrigerator
Exterior Features
Outbuildings, Other
Flooring
Laminate, Luxury Vinyl, Tile
Cooling
Central Air
Heating
Central
Construction
Year Built
Year Built: 1937
Home type
Duplex
Property Condition
Completed
Foundation Details
Slab
Roof
Shingle
Construction Materials
Block, Stucco
Utilities & Energy
Water Source
Public
Laundry Features
Laundry Room
Utilities
Cable Connected, Electricity Connected
Other Features
Tenant Pays
Electricity
Subdivision Name
Lake Wales
Price History
| Date | Event | Price |
|---|---|---|
07/13/2026 Source: #MFRL4957186 | Price Decreased | $305,000 -1.61% $185/sqft |
06/30/2026 Source: | Price Decreased | $310,000 -1.59% $188/sqft |
06/17/2026 Source: | Price Decreased | $315,000 -3.08% $191/sqft |
05/26/2026 Source: | Price Decreased | $325,000 -1.49% $197/sqft |
05/19/2026 Source: | Price Decreased | $329,900 -1.49% $200/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Lake Wales, FL
Nearby New Homes For Sale
Based on information from Stellar MLS® through Oct 09, 2026, 02:30PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
Advertising Broker: Fred McGill | Simple Showing, Inc