Listing Details for MLS #L4957186
425 E Sessoms Avenue, Lake Wales, Fl

Residential Property - Single Family Residence in Lake Wales

Listing Price: $315,000 (Mortgage Calculator →)Days on Market: 220

Description of Property

Just reduced the price! the seller is motivated on this Versatile Property with Multiple Living Spaces, New Roof, and Endless Possibilities Discover a unique opportunity at 425 E Sessoms Ave in Lake Wales. Situated on a spacious 0.31-acre lot, this property features two solid brick residential buildings and three separate living spaces, offering exceptional flexibility for homeowners, investors, multi-generational families, or anyone seeking additional room for guests, hobbies, or rental income. Main Cottage (425 E Sessoms Ave) This charming standalone 1-bedroom, 1-bath residence offers approximately 685 square feet of comfortable living space. Inside, you’ll find a cozy fireplace and a finished screened porch, creating the perfect spot to relax with morning coffee or unwind at the end of the day. Second Residential Building (427 E Sessoms Ave) The rear building is configured into two separate living areas: * Front Suite: Private 1-bedroom, 1-bath unit with its own entrance and welcoming front porch. * Rear Studio: Secluded studio space featuring a separate side entrance for added privacy. Recent Improvements & Features * Brand-new roof installed in 2024 * Central air conditioning in both residential buildings * Detached storage building with dedicated laundry room * Durable brick construction for low-maintenance ownership * Spacious 0.31-acre lot with room to enjoy outdoor livingThe average asking price for a 3 bedroom/3 bath single family residence in this Zip code is $407,500. This single family residence is listed at about 77% of the average asking price. This is the only 3 bedroom/3 bath single family residence between $200,000 and $400,000 currently listed for sale in this Zip code.