402 E MAIN STREET, Dundee, FL, 33838
1946
3,352 sqft
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.
Status:
Active
Type:
Commercial
Units:
5
Complex:
DUNDEE
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Acreage:
0.21
Est. Taxes:
$5,889
Construction
Block
Utilities
Electricity Available, Water Connected
Appliances:
Refrigerator
MLS #:
P4938541
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of REAL ESTATE BROKERS USA, INC. 863-242-6624