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!
| MLS # | L4957271 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1937 |
| Days On Site | 324 |
| Listing Provided By | BHHS FLORIDA PROPERTIES GROUP | Wes Fleming |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,652 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | R-2 |
| Acreage | 0.31 |
| Property | 2877 |
|---|
| State | FL |
|---|---|
| County | Polk |
| City | LAKE WALES |
| Zip Code | 33853 |
| Area | 33853 Lake Wales South |
| Community Name | LAKE WALES |
| Listing VS Median (in LAKE WALES) | |
Price: $285,000 low | high Med: $280,000 sqft: 1,652 low | high Med: 1,844 $ / sqft: $173 low | high Med: $154 On site: 324 low | high Med: 254.5 | |
| State | FL |
|---|---|
| County | Polk |
| City | LAKE WALES |
| Zip Code | 33853 |
| Area | 33853 Lake Wales South |
| Community Name | LAKE WALES |
| Listing VS Median (in LAKE WALES) | |
Price: $285,000 low | high Med: $280,000 sqft: 1,652 low | high Med: 1,844 $ / sqft: $173 low | high Med: $154 On site: 324 low | high Med: 254.5 | |