425 E Sessoms Avenue, Lake Wales South, FL 33853

$305,000
2
BD
3
BA
1,652
SqFt

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List Price
$305,000
Price Change
▼ $5,000 1783972818
MLS#
L4957271
Bedrooms
2
Bathrooms
3
Sq. Ft
1,652
Lot Size
13,464
Subtype
Duplex
County
Polk
Community
No Deed Restriction
Subdivision
Lake Wales
Region
Lake Wales South
Year Built
1937

Property 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!

Additional Information

Heating
Central
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Outbuildings, Other
Construction
Block, Stucco
Living Area
1,652

Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. Contact: 863-701-2350

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