$370,000

425 E SESSOMS AVENUE, Lake Wales, FL 33853

  • 2 beds |
  • 3 baths |
  • 685 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $540/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Welcome to 425 E Sessoms Ave in Lake Wales — a turnkey income-producing triplex with major capital improvements already completed. This property includes two 1BR/1BA units and one studio apartment, each with private entrances and consistent rental demand. Investors will appreciate the new roof and new A/C units, offering reduced CapEx for years to come and stronger cash-flow stability. With three rentable units under one structure, this triplex supports multiple income strategies: long-term tenants, traveling professionals, or an owner-occupant looking to house hack. The two 1-bedroom units offer functional layouts with easy value-add potential, while the studio provides an additional revenue stream with strong occupancy potential. Located minutes from downtown Lake Wales, Lake Wailes Park, shopping, dining, medical centers, and major employment hubs, this property sits in a high-demand rental corridor. Key Highlights: • Triplex: (2) 1BR/1BA units + (1) Studio • New Roof + New A/C Units = Reduced long-term maintenance • Multiple income streams under one roof • Separate entrances & flexible rental configurations • Strong rental demand close to downtown and amenities Whether you’re expanding your rental portfolio or looking to offset your mortgage with rental income, this property delivers flexibility, stability, and reliable returns. Schedule your showing today.

Listing Status:
Active
Date Added:
December 8, 2025 at 06:00AM
Listing Office:
BHHS FLORIDA PROPERTIES GROUP : 863-701-2350
Listing Agent:
Wes Fleming : 863-666-4136
MLS ID:
L4957271
  • General: Ceiling Fans(s)Other
  • Appliances: Refrigerator
  • Laundry: None
  • Flooring: LaminateLuxury Vinyl
  • A/C: Central Air
  • Heating: Other
  • General: OtherRain Gutters
  • Roofing: Shingle
  • General: BlockOneSlab
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: R-2LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 1027-30-01-883000-018100
  • Utilities: Cable ConnectedElectricity Connected
  • Water: Public
  • Sewer: Other
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Wes Fleming, BHHS FLORIDA PROPERTIES GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Spook Hill Elementary School

321 Dr J A Wiltshire Ave E, Lake Wales, FL, 33853

Grades PK-5

0.37 miles away

E

Edward W Bok Academy North

338 E Central Ave, Lake Wales, FL, 33853

Grades 6-8

0.33 miles away

V

Victory Ridge Academy

501 Burns Ave, Lake Wales, FL, 33853

Grades PK-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.