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… Read More 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! Read Less
Courtesy of BHHS FLORIDA PROPERTIES GROUP 863-701-2350
Listing Snapshot
Days Online
145
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Square Ft.
685
Lot Size
0.31 Acres
Year Built
1937
MLS Number
L4957186
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Refrigerator
Building
Built in 1937, Living area: 685, Living area units: Square Feet, Building faces South, Levels: One, Construction Materials: Block
Cooling
Central Air
Floors
Laminate, Luxury Vinyl
Foundation
Slab
Laundry
None
Lot
0.31 acres
Roof
Shingle
Taxes
Additional parcels description:, Parcel Number: 27-30-01-883000-018100, Public Survey Range: 27, Public Survey Section: 01, Annual Amount: $2,877.34, Tax Block: 18, Tax Book Number: 1-88A, Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 10, Lot: 10, Year: 2024, Zoning: R-2
Utilities
Cable Connected, Electricity Connected
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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