1210 S State Road 17

    Dundee, FL 33838
    • $429,900
    • STATUS: Active
    • ON SITE: 347 days
    • MLS #: O5513855
    $429,900
    • 0
      BEDS
    • 1.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,392
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Listing information courtesy of Mighty Realty Inc.

    Description

    JUST REDUCED $50K! Excellent Opportunity to Own an 8-Unit Apartment Complex on Lake Josephine! Lake Josephine Apartments is located in the Heart of Dundee off of Highway 27. Apartment is made up of a main building with 8 units (three Studio/1 BAs, three 2 BR/1 BAs, two 1 BR/1 BAs), 14+ parking spaces and a secondary building with a potential laundry area and another 1 BR/1 BA. Apartment is currently running below fair markets rents with at least a 10% in rent increases possible and even more with some minimal upgrades. Current owner has already received approval by the city to build another 8 unit building on the property as well. This apartment has tremendous upside with some quality upgrades and management. Location is perfect in the growing City of Dundee just minutes from everything including restaurants, shopping, major streets and schools. Please call to schedule a showing today!

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-05-19T21:41:03.09.
    www.beachislandgroup.com/homes/73349113

    1210 S State Road 17 Dundee, FL 33838

    • Price: $429,900
    • Status: Active
    • MLS #: O5513855
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.32
    Acres
    4,392
    SQFT
    $98
    $/SQFT
    1947
    Built
    Neighborhood:
    Fla Highlands Co Sub
    County:
    Polk
    Area:
    Dundee
    Property Description
    JUST REDUCED $50K! Excellent Opportunity to Own an 8-Unit Apartment Complex on Lake Josephine! Lake Josephine Apartments is located in the Heart of Dundee off of Highway 27. Apartment is made up of a main building with 8 units (three Studio/1 BAs, three 2 BR/1 BAs, two 1 BR/1 BAs), 14+ parking spaces and a secondary building with a potential laundry area and another 1 BR/1 BA. Apartment is currently running below fair markets rents with at least a 10% in rent increases possible and even more with some minimal upgrades. Current owner has already received approval by the city to build another 8 unit building on the property as well. This apartment has tremendous upside with some quality upgrades and management. Location is perfect in the growing City of Dundee just minutes from everything including restaurants, shopping, major streets and schools. Please call to schedule a showing today!
    Exterior Features

    Carport Yn No Construction Materials BlockWood Frame Exterior Features Other Lot Features In City LimitsOversized LotStreet Paved Lot Size Dimensions 150X220 Parking Features NoneOther Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances RangeRefrigerator Cooling Wall/Window Unit(S) Flooring Laminate Heating Wall Units / Window Unit Interior Features Ceiling Fans(S) Sewer Septic Tank Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 58800.00 Association Fee Requirement None Cdd Yn No Dpryn No Flood Zone Code X Garage Yn No Listing Terms CashConventionalPrivate Financing Available New Construction Yn No Pets Allowed Yes Property Sub Type Multi-Family Realtor Info Sold As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4220 Tax Year 2017 Total Num Buildings 2 Utilities Cable AvailableElectricity Connected Zoning Res

    Listing information courtesy of Mighty Realty Inc.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-05-19T21:41:03.09.
     
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    Listing information courtesy of Mighty Realty Inc.