402 E Main Street, Dundee, FL 33838
- $420,000
- 3,352
- SqFt
- List Price
- $420,000
- MLS#
- P4938541
- Sq. Ft
- 3,352
- Lot Size
- 9,108
- Subtype
- Multi-Family 5+
- County
- Polk
- Community
- No Deed Restriction
- Subdivision
- Dundee
- Region
- Dundee
- Year Built
- 1946
Property Description
Fully occupied multifamily investment opportunity on an oversized corner lot with excellent visibility. This two-story apartment building features five units, each with its own electric meter. Each unit offers a one-bedroom, one-bath layout plus a bonus room that could function as a second bedroom, along with a kitchen and living area. Units are equipped with window A/C units. Tenants pay their own electric, while rent currently includes water and trash. The property is on city water with a septic system approximately 10 years old. Current gross annual income is $51,000, with strong potential for increased returns through renovations and rent adjustments. Additional features include a storage area that could be converted into a shared laundry facility, adding further value and convenience for tenants. Ideal for investors looking to add value and maximize income potential. View a video and navigate a 360 degree interactive virtual tour with zoom in and out capabilities to see how close Downtown Dundee is.
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Additional Information
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Septic Tank
- Construction
- Block
- Living Area
- 3,352
Listing courtesy of REAL ESTATE BROKERS USA, INC.. Contact: 863-247-8096