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425 E Sessoms Avenue, Lake Wales, FL 33853

Lake Wales
Local realty services provided by:CENTURY 21 Myers Realty
425 E Sessoms Avenue,Lake Wales, FL 33853
$355,000
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  • 2 Beds
  • 3 Baths
  • 685 sq. ft.
  • Multi-family
  • Active
Listed by: wes fleming
Office: bhhs florida properties group
MLS#:L4957271
Source:MFRMLS

Price summary

  • Price:$355,000
  • Price per sq. ft.:$221.88

About this home

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 +...

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Home facts

  • Year built:1937
  • Listing ID #:L4957271
  • Added:95 day(s) ago
  • Updated:March 14, 2026 at 03:42 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Flooring:Laminate, Luxury Vinyl
  • Kitchen Description:Refrigerator
  • Living area:685 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1937
  • Building area:685 sq. ft.
  • Lot area:0.31 Acres
  • Construction Materials:Block
  • Exterior Features:Rain Gutters
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public

Finances and disclosures

  • Price:$355,000
  • Price per sq. ft.:$221.88
  • Tax amount:$2,877 (2024)

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Cable Connected, Ceiling Fans(s)
  • Pool features:Public Pool
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