Overview
- Multi-Family 5+, Commercial Sale
- 3382 Sqft
- 1946
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.
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Address
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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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Area: DUNDEE
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Country: US
Details
Updated on April 24, 2026 at 7:53 pm-
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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Garage Size x x
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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, For Sale
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
Features
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Down Payment
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Property Tax
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Home Insurance
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Monthly HOA Fees