402 E MAIN ST, Dundee, FL 33838
402 E MAIN ST, Dundee, FL 33838
402 E MAIN ST, Dundee, FL 33838
402 E MAIN ST, Dundee, FL 33838
402 E MAIN ST, Dundee, FL 33838
402 E MAIN ST, Dundee, FL 33838
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$ 420,000
Est. payment | /mo

3,352 SqFt


$ 420,000
Est. payment | /mo

3,352 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,352 sqft

Price per Sqft $125

Subdivision Dundee

MLS Listing ID P4938541

HOA Y/N No

Year Built 1946

Annual Tax Amount $5,889

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi-Family 5+

Source Stellar MLS

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.

Location

State FL

County Polk

Community Dundee

Area 33838 - Dundee

Zoning R-1A

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Appliance Refrigerator

Exterior

Utilities Available Electricity Available, Water Connected

Roof Type Shingle

Building

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.youtube.com/watch?v=Ofm-1vhQmxg

Stellar MLS
Listed by Debbie Bradbury REAL ESTATE BROKERS USA, INC.
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April Ann Spaulding

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april@aprilannspaulding.com

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402 E MAIN ST