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    Apartment buildings

    402 E Main St Dundee, FL 33838

    Built 1946
    Property ID
    US18-0291890
    402 E Main St, Dundee, FL 33838 For Sale 1 / 74
    $420,000
    402 E Main St, Dundee, FL 33838
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    Property summary
    AI-generated overview

    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. bikeScore: 33, Somewhat Bikeable walkScore: 1, Car-Dependent

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1946
    UPID US18-0291890
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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