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.
Listed By
Agency Name: REAL ESTATE BROKERS USA, INC.
Agency Contact: 863-247-8096
Shown By
Agent Name: Justin Dobbs
Agent Phone: (727) 415-0603
Agency Title: Florida Executive Realty
402 E Main Street | MLS# P4938541
This commercial property located at 402 E Main Street , Dundee, FL 33838 is currently listed for sale with an asking price of $420,000. Search Dundee real estate on jdobbs.floridaexecutiverealty.com today.