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.
Address
Open on Google Maps-
Address: 425 E SESSOMS AVENUE
-
City: Lake Wales
-
State/county: FL
-
Zip/Postal Code: 33853
-
Country: US
Details
Atualizado em março 17, 2026 no 7:25 am-
Property ID L4957271
-
Price $355,000
-
Property Size 1600 m²
-
Land Area 0.31 m²
-
Bedrooms 2
-
Bathrooms 3
-
Garage Size x x
-
Year Built 1937
-
Property Type Duplex, Residential Income
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash,Conventional
-
Roof Shingle
-
Utilities Cable Connected,Electricity Connected
-
Sewer Other
-
Cooling Central Air
-
Heating Other
-
Flooring Laminate,Luxury Vinyl
-
County Polk
-
Property Type Residential Income
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees