Residential Property - Single Family Residence in Lake Wales
Listing Price: $375,000
Description of Property
Welcome to 425 E Sessoms Ave in Lake Wales — a solid income-producing triplex with meaningful recent updates already completed. This property features two 2-bedroom, 1-bath units plus an attached studio apartment, each with private entrances and strong rental appeal. Major improvements include a new roof and new air conditioning units, giving peace of mind and helping reduce long-term maintenance costs. These upgrades make this property especially attractive for investors seeking dependable returns or an owner-occupant interested in house hacking by living in one unit while renting the others. Both 2/1 units offer comfortable layouts with room to personalize. The studio apartment provides an additional income stream suited for long-term rental, traveling professionals, or short-term stays. Conveniently located near downtown Lake Wales, Lake Wailes Park, shopping, dining, medical services, and local employers. Key Highlights: • Two 2BR/1BA units + One Studio Unit • New Roof & New A/C Units • Multiple income streams under one roof • Separate entrances and flexible rental configurations • Strong rental demand area close to downtown and community amenities Whether expanding your portfolio or creating a living situation that offsets your mortgage, this property offers flexibility, income, and long-term stability. Schedule your showing today.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Wales
County: Polk
Subdivision: Lake Wales
Bedrooms: 4
Bathrooms: 3
Sq. Ft. Gross: 1,600
Sq. Ft. Living Area: 685
Cost per (heated) sqare foot: $547
Year built: 1937
Annual Tax: $2,877
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Flooring: Luxury Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Other
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Other
Water Source: None
Lot Information
Lot Size (acres): 0.31
Lot Size (sq. ft.): 13,464 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 273001883000018100
Zoning: R-2
Tax Legal Desc.: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
Section: 1
Range: 27
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

