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!
Listed By
Agency Name: BHHS FLORIDA PROPERTIES GROUP
Agency Contact: 863-701-2350
Shown By
Agency Title: Florida Executive Realty - FRE Commercial
Agency Phone: 813-908-8500
Estimated Payment
$ 1,120.53 per month $778.73 Principal & Interest $239.75 Property Tax $102.05 Homeowner's Insurance
425 E Sessoms Avenue | MLS# L4957271
This multi-family property located at 425 E Sessoms Avenue, Lake Wales, FL 33853 is currently listed for sale with an asking price of $349,900. Search Lake Wales real estate on www.fercommercial.com today.