402 E Main Street, Dundee, FL 33838
- $420,000
- 3,352
- SqFt
- List Price
- $420,000
- Status
- PENDING
- Days on Market
- 99
- MLS#
- P4938541
- Subtype
- Commercial Sale
- Style
- Two Story
- Year Built
- 1946
- Living Area
- 3,352
- Lot Size
- 9,108
- Acres
- 0.21
- Subdivision
- Dundee
- MLS Area Major
- Dundee
Property Description
Under contract-accepting backup offers. 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.
Additional Information
- Financing
- Cash
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- R-1A
- Appliances
- Refrigerator
- Heating
- Electric
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Levels
- Two
- Roof
- Shingle
- Foundation
- Slab
Listing courtesy of REAL ESTATE BROKERS USA, INC.. 863-247-8096
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