421 E Sessoms AVENUE Lake Wales, FL ^$ 275,000

421 E Sessoms AVENUE

^$ 275,000

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421 E Sessoms AVENUE

Lake Wales, FL, 33853

^$ 275,000

Bedrooms4 Baths2.0 Sq 1,560

Monthly Estimate*

^$ 1,921

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Multi-Family Home for sale in Lake Wales, FL

for $275,000 with 4 bedrooms and 2 full baths. This 1,560 square foot home was built in 1979 on a lot size of 0.31.

This Duplex located in Historic Downtown Lake Wales. Directly across the street is Crystal Lake Park. The neighborhood and community is very quite close to all of Lake Wales playgrounds, tennis courts, and acres of open fields. This property is a 2 Bedroom, 1 Bathroom on each side currently yielding $1055 per month in rental income each ($2110 Gross monthly rents). Leases are currently MONTH TO MONTH. The property has a new roof installed in 2022, HVAC systems for both units upgraded in 2018, and the convenience of tankless water heaters. Electrical is on separate meters, water is on a master meter. APPRAISED IN DECEMBER 2022 FOR $285,00, PLEASE SEE LAST PHOTO & MLS ATTACHMENTS.

Multi-Family Pending

Price

^$ 275,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,628

Style

Duplex

Lot Size

0.31

Year Built

1979

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

A4608375

Features

General

Interior Features Ceiling Fan(s)

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Electricity Connected

Roof Shingle

Exterior Features Other

Zoning R-2

Construction Materials Block

Year Built 1979

Levels One

Property SubType Duplex

Tax Year 2022

Percent Ownership Fee Simple

County Polk

New Construction No

Property Type Residential Income

HOA / Comm Assn No

Subdivision Name LAKE WALES

Garage Y/N No

Status Pending

Directions Headed South on Scenic Hwy 17 / Alternate 27. Turn right onto E. Sessome Ave. The property is on 3rd black to the left.

City LAKE WALES

Buyer Agent Compensation 2.5%

Senior Community Y/N No

Total Units 2

MLS Area 33853 - Lake Wales South

Lot Size Square Feet 13464

Private Pool No

Waterfront Y/N No

Carport Y/N No

Street Name Sessoms

Listing Terms Cash Conventional FHA VA Loan

Tax Annual Amount 1628.14

Public Remarks This Duplex located in Historic Downtown Lake Wales. Directly across the street is Crystal Lake Park. The neighborhood and community is very quite close to all of Lake Wales playgrounds tennis courts

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4608375

Days on Market 6

Standard Status Pending

Tax Lot 8

Legal Description LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 18 LOT 8

Interior

Flooring Tile

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix AVENUE

Laundry Features Laundry Closet

Total Bedrooms 4

Total Baths 2

Living Area Units Square Feet

Exterior

Water Source Public

Lot Size Area 13464

Foundation Details Slab

Number of Buildings 1

Lot Dimensions 75 x 180

Lot Size Acres 0.31

Road Surface Type Paved

Lot Size Units Square Feet

* Excluded Features

List By

Flatfee.Com

Broker

info@flatfee.com

Affordability Calculator

$2,057

Per Month

Monthly Principal & Interest: $1,921
Monthly Property Taxes: $136
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lake Wales, FL

Average List Price ^$499,400

Percent of Sale Price 82%

About Lake Wales, FL

15,820 Population

28% Since 2002

^$38,450 Median Income

39.85 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2024	$275,000		Listed Price

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421 E Sessoms AVENUE, Lake Wales, FL, 33853 is a Multi-Family Home for sale at $275,000 with 1,560 sqft and a lot size of 0.31. 421 E Sessoms AVENUE has 4 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 33853 which is in Lake Wales, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 5/10/2024.

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421 E Sessoms AVENUE

Multi-Family Home for sale in Lake Wales, FL

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