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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!
| DAYS ON MARKET | 198 | LAST UPDATED | 5/12/2026 |
|---|---|---|---|
| TRACT | LAKE WALES | YEAR BUILT | 1937 |
| COMMUNITY | 33853 - Lake Wales South | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Dec 1, '25 | $375,000 |
|---|---|
| Dec 1, '25 - Jan 19, '26 | $370,000 |
| Jan 19, '26 - Feb 9, '26 | $365,000 |
| Feb 9, '26 - Feb 17, '26 | $360,000 |
| Feb 17, '26 - Apr 3, '26 | $355,000 |
| Apr 3, '26 - Apr 21, '26 | $349,900 |
| Apr 21, '26 - May 4, '26 | $344,900 |
| May 4, '26 - May 12, '26 | $339,900 |
| May 12, '26 - Today | $334,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 33853 - Lake Wales South |
| CONSTRUCTION | Block |
| EXTERIOR | Other |
| HEAT | Other |
| INTERIOR | Other |
| LOT | 0.31 acre(s) |
| SEWER | Other |
| STORIES | 1 |
| SUBDIVISION | LAKE WALES |
| TAXES | 2877.34 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected |
| WATER | None |
MORTGAGE CALCULATOR
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Listing provided by Wes Fleming, BHHS FLORIDA PROPERTIES GROUP, 863-701-2350
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/26/26 7:29 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.