425 E Sessoms Avenue, Lake Wales, FL 33853
Local realty services provided by:ERA Grizzard Real Estate
Listed by: wes fleming
Office: bhhs florida properties group
MLS#:L4957186
Source:MFRMLS
Price summary
- Price:$334,900
- Price per sq. ft.:$173.52
About this home
Live for Free! Modern House-Hacker’s Dream with 2024 UpgradesStop paying a mortgage and start building equity! This unique property at 425 E Sessoms Ave is the ultimate "house hack" opportunity in Lake Wales. Situated on a spacious 0.31-acre lot , this property features two solid brick residential buildings that allow you to live in one unit while the other two pay your bills.The Layout: Your Home + Two Income StreamsThe Main Cottage (425 E Sessoms): A charming standalone 1-bedroom, 1-bathroom home (685 sq ft). It features a cozy fireplace and a private 90 sq ft finished screened porch —perfect for your morning coffee while your tenants are tucked away in the other building.The Income Building (427 E Sessoms): A substantial structure divided into two high-demand units:Unit 2 (Front Suite): A private 1-bedroom, 1-bathroom suite with its own front porch and entrance.Unit 3 (Rear Studio): A secluded studio with a separate side entrance for total privacy.Move-In Ready & Stress-FreeBrand New Roof (2024): Rest easy knowing the most expensive home maintenance item is already done.Full Climate Control: Stay cool year-round with Central AC in both residential buildings.On-Site Laundry: A detached storage building at the rear includes a private laundry room, a must-have amenity for you and your tenants.Low Maintenance: The classic brick exterior means no more weekends spent painting or siding—this home is built to last.The Financial EdgeWith a potential rental income of $1,800/mo from the two additional units ($1,200 for the 1/1 and $600 for the studio), you could significantly offset or even completely cover your mortgage payment.Why rent when you can own and let the property pay for itself? Schedule your tour today and see how easy mortgage-free living can be!...
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Home facts
- Year built:1937
- Listing ID #:L4957186
- Added:186 day(s) ago
- Updated:May 15, 2026 at 12:33 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Laminate, Luxury Vinyl
- Kitchen Description:Refrigerator
- Living area:1,652 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1937
- Building area:1,652 sq. ft.
- Lot area:0.31 Acres
- Construction Materials:Block
- Foundation Description:Slab
- Levels:1 Story
Finances and disclosures
- Price:$334,900
- Price per sq. ft.:$173.52
- Tax amount:$2,877 (2024)
Features and amenities
- Appliances:Refrigerator
- Amenities:Cable Connected
- Pool features:Public Pool
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