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 PROPERTY 425 Sessoms Avenue, LAKE WALES, FL 33853, MLS#L4957186 - Residential
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Hardeep Kumar Yh

HR Moon Homes
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  4. 425 Sessoms Avenue, LAKE WALES, FL 33853
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425 Sessoms Avenue
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PRICED AT ONLY: $349,900

Address: 425 Sessoms Avenue, LAKE WALES, FL 33853

Description

Live for Free! Modern House Hackers 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 sidingthis 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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  • MLS#: L4957186 ( Residential )
  • Street Address: 425 Sessoms Avenue
  • Viewed: 37
  • Price: $349,900
  • Price sqft: $219
  • Waterfront: No
  • Year Built: 1937
  • Bldg sqft: 1600
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 159
  • Additional Information
  • Geolocation: 27.9056 / -81.5826
  • County: POLK
  • City: LAKE WALES
  • Zipcode: 33853
  • Subdivision: Lake Wales
  • Provided by: BHHS FLORIDA PROPERTIES GROUP
  • Contact: Wes Fleming
  • 863-701-2350
  • mfrmls
  • DMCA Notice

Description

Live for Free! Modern House Hackers 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 sidingthis 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • 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: None
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
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Interior Features: Other
  • Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10
  • Levels: One
  • Area Major: 33853 - Lake Wales South
  • Occupant Type: Tenant
  • Parcel Number: 27-30-01-883000-018100
  • Possession: Close Of Escrow
  • Views: 37
  • Zoning Code: R-2
Nearby Subdivisions
Alta Vista   Alta Vista Resub   Blanchard Terrace   Carltonmorninsidegrant   Cary Walters Sub   Colonial Heights   Crown Pointe Ph 01   Crown Pointe Ph 02   Druid Hills   Fresco Park Pb 33 Pg 20   Hibiscus Park   Highland Crest Ph 02   Highland Pointe   Highland Pointe Ph 02   Hunt Clublk Wales Ph 1   Lake Wales   Lake Wales Heights   Lake Wales Highland Heights Re   Lake Wales Land Co Sub   Lake Wales Resub   Lake Wales Resubdivision   Lakeview Manor   Lincoln Park Add   Morningside Park   Mountain Lake Estates   North Pointe Ph 02   North Shore Hills   North Shore Hills Add   Northshore Highlands   Northside Heights   Orange Center Sub   Palm Park Terrace   Pinehurst Sub   Ridge Manor   Roosevelt Manor   Scenic Bluff Ph 2   Scenic Bluff Ph Two   Shadow Lawn Sub   Shephards   Thousand Roses   Tillman Sub   Twin Lake Park Resub   View Pointe  
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