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Cindy Coldren

cincold@gmail.com +1(352) 409-2872

$ 370,000

Est. payment -/mo

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425 E SESSOMS AVE Lake Wales, FL 33853

2 Beds

3 Baths

685 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 685 sqft

Price per Sqft $540

Subdivision Lake Wales

MLS Listing ID L4957271

Bedrooms 2

HOA Y/N No

Year Built 1937

Annual Tax Amount $2,877

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Duplex

Source Stellar MLS

New Construction false

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.

Location

State FL

County Polk

Community Lake Wales

Area 33853 - Lake Wales South

Zoning R-2

Interior

Interior Features Ceiling Fans(s), Other

Heating Other

Cooling Central Air

Flooring Laminate, Luxury Vinyl

Fireplace false

Appliance Refrigerator

Laundry None

Exterior

Exterior Feature Other, Rain Gutters

Utilities Available Cable Connected, Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Other

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4957271

Listed by Wes Fleming BHHS FLORIDA PROPERTIES GROUP

Cindy Coldren

Agent

+1(352) 409-2872

Cindy Coldren

425 E SESSOMS AVE Lake Wales, FL 33853

Key Details

Location

Interior

Exterior

Building

Others

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