402 E MAIN STREET at

402 E MAIN STREET

For sale Days on market 99

$420,000

$125/sq ft

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Overview

Year Built

1946

Sqft

3352

Property Type

Multi Family (5+)

Property Description

Under contract-accepting backup offers. 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.

Property Details

MLS#

P4938541

Address

402 MAIN E

City

DUNDEE

State/county

Zip/Postal Code

33838

Area

Dundee

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,889

Maint Fee

$--

Tax Year

2025

Refrigerator

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