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$285,000

425 E SESSOMS AVENUE, LAKE WALES, FL 33853

3D Tour
Active302 days on market

Beds

2

Baths

3

Sq Ft

1,652 sq ft

Year Built

1937

Lot Size

0.31 acres

Garage

—

About This Property

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!

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #L4957271
StatusActive
Year Built1937
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
SubdivisionLAKE WALES
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Other
FlooringLaminate, Luxury Vinyl, Tile
AppliancesRange, Refrigerator
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorOutbuilding, Other
Lot Size0.31 acres (13,464 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$285,000
Original Price$370,000
Annual Taxes$2,877 (2024)
FinancingCash, Conventional
ZoningR-2
Parcel #273001883000018100

Directions

Hwy 60 to 1st St. Turn north on 1st St, then right onto E Sessoms Ave. Property will be on your left.

Location

425 E SESSOMS AVENUE, LAKE WALES, FL 33853

Listing Information

OfficeBHHS FLORIDA PROPERTIES GROUP
ListedDecember 8, 2025

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$285,000

20% ($57,000)
6.75%

Loan Term

Principal & Interest$1,479
Property Tax (est.)$261
Insurance (est.)$150
Total Monthly$1,890
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How to Buy This Home

Multiple financing options available for this $285,000 home in LAKE WALES.

🏦

Conventional

$14,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 6, 2026.

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