425 E Sessoms Avenue Lake Wales, FL 33853
For Sale MLS# L4957271
2 beds 3 baths 1,652 sq ft Multi-family
Details for 425 E Sessoms Avenue
MLS# L4957271
Description for 425 E Sessoms Avenue, Lake Wales, FL, 33853
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 Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 2
Bathrooms: 3
Lot Size: 0.31 Acres
Square Feet: 1,652 sq ft
Year Built: 1937
Stories: 1 Story
Construction: Block,Stucco
Construction Display: New Construction
Subdivision: Lake Wales
Foundation: Slab
Number Of Units Total: 3
County: Polk
Construction Status: New Construction
Additonal Room Information
Laundry: Laundry Room
Interior Features
Appliances: Range, Refrigerator
Flooring: Laminate,Luxury Vinyl,Tile
Accessibility: Accessible Bedroom, Accessible Closets
Additional Interior Features: Ceiling Fan(s), Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Other, Out Building(s)
Out Buildings: Outbuilding
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 600
Unit 1 Baths Total: 1
Unit 2 Units Total: 2
Unit 2 Actual Rent: 2200
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Driving Directions
Hwy 60 to 1st St. Turn north on 1st St, then right onto E Sessoms Ave. Property will be on your left.
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Electricity
Gross Income: 33312
Tax/Property ID: 27-30-01-883000-018100
Tax Amount: 2877.34
Tax Year: 2024
A broker reciprocity listing courtesy: BHHS FLORIDA PROPERTIES GROUP
Based on information provided by Stellar MLS as distributed by the MLS GRID. Information from the Internet Data Exchange is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 425 E Sessoms Avenue
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 425 E Sessoms Avenue
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.