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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!

2 Beds ⋅ 3 Baths ⋅ L4957271 MLS

425 E Sessoms Avenue, Lake Wales South

Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 863-701-2350

$305,000

Just reduced the price! the seller is motivated on this Versatile Property with Multiple Living Spaces, New Roof, and Endless Possibilities Discover a unique opportunity at 425 E Sessoms Ave in Lake Wales. Situated on a spacious 0.31-acre lot, this property features two solid brick residential buildings and three separate living spaces, offering exceptional flexibility for homeowners, investors, multi-generational families, or anyone seeking additional room for guests, hobbies, or rental income. Main Cottage (425 E Sessoms Ave) This charming standalone 1-bedroom, 1-bath residence offers approximately 685 square feet of comfortable living space. Inside, you’ll find a cozy fireplace and a finished screened porch, creating the perfect spot to relax with morning coffee or unwind at the end of the day. Second Residential Building (427 E Sessoms Ave) The rear building is configured into two separate living areas: * Front Suite: Private 1-bedroom, 1-bath unit with its own entrance and welcoming front porch. * Rear Studio: Secluded studio space featuring a separate side entrance for added privacy. Recent Improvements & Features * Brand-new roof installed in 2024 * Central air conditioning in both residential buildings * Detached storage building with dedicated laundry room * Durable brick construction for low-maintenance ownership * Spacious 0.31-acre lot with room to enjoy outdoor living

3 Beds ⋅ 3 Baths ⋅ L4957186 MLS

425 E Sessoms Avenue, Lake Wales South

Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 863-701-2350

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