402 E Main St, Dundee, Florida 33838
- $420,000
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.
Details
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Property ID P4938541
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Price $420,000
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Property Size 3382 Sqft
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Land Area 0.21 Acres
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Year Built 1946
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Property Type Multi-Family 5+, Commercial Sale
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Property Status Active
Additional details
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Listing Terms Cash
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Roof Shingle
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Utilities Electricity Available, Water Connected
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Sewer Septic Tank
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Cooling Wall/Window Unit(s)
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Heating Electric
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County Polk
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Property Type Commercial Sale
Address
Open on Google Maps-
Address: 402 E MAIN STREET
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City: Dundee
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State/county: FL
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Zip/Postal Code: 33838
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Country: US
360° Virtual Tour
What's Nearby?
- Active Life
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Active Dog Services (22.13 mi)
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All Active Physical Therapy (34.45 mi)
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Active Medical Transport (9.77 mi)
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Active Spine Center (62.91 mi)
- Restaurants
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Taqueria El Campesino (0.12 mi)
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Dundee Downtown Pizza (0.18 mi)
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Good Times Burgers and Ice Cream (0.24 mi)
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The Spot Nutrition (0.21 mi)
Contact Information
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