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 youre 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.
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 youre 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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other, Rain Gutters
Flooring: Laminate, Luxury Vinyl
Living Area: 685.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Other
Sewer: Other
Utilities: Cable Connected, Electricity Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Rental Information
Tenant Pays: Electricity
Other Features
Appliances: Refrigerator
Country: US
Interior Features: Ceiling Fans(s), Other
Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
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