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425 E SESSOMS AVE,  LAKE WALES, FL 33853

MLS# L4957271.  2 beds.  0.0 baths.  Apartment.  Active

$2,877 in taxes (2024)

$325,000   Reduced by $4,900 (1.5%)

 

Remarks:

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!

Quick Info:

  • Listing is courtesy Of: BHHS FLORIDA PROPERTIES GROUP ((863-701-2350))
  • Listing Agent: Wes Fleming ((863-666-4136))
  • Days on yellowkey: 175
  • Property Type: Apartment
  • Beds: 2
  • Baths: 0.0
  • Living Area Square Feet: 1652
  • Built 1937
  • Taxes: $2,877 (2024)
  • Garage Spaces: ()
  • Square Feet: 1930
  • Fees: $0
  • Polk County
  • Terms: Cash, Conventional
  • Subdivision Info:
  • Occupancy Information: Tenant
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  • Subdivision Name: LAKE WALES
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/26/2026Sale197L4957186Price Change$325,000-2.96%168.3937MLS
5/26/2026Sale168L4957271Price Change$325,000-1.49%168.3937MLS
5/19/2026Sale161L4957271Price Change$329,900-1.49%170.9326MLS
5/12/2026Sale183L4957186Price Change$334,900-1.47%173.5233MLS
5/12/2026Sale154L4957271Price Change$334,900-1.47%173.5233MLS
5/4/2026Sale175L4957186Price Change$339,900-1.45%212.4375MLS
5/4/2026Sale146L4957271Price Change$339,900-1.45%176.1139MLS
4/21/2026Sale162L4957186Price Change$344,900-1.43%215.5625MLS
4/21/2026Sale133L4957271Price Change$344,900-1.43%178.7046MLS
4/3/2026Sale115L4957271Price Change$349,900-1.44%181.2953MLS
4/3/2026Sale144L4957186Price Change$349,900-1.44%218.6875MLS
12/8/2025Sale0L4957271listed for sale$370,000-181.2953MLS
11/9/2025Sale0L4957186listed for sale$375,000-218.6875MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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