About 402 E Main Street
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.
Features of 402 E Main Street
| MLS® # | P4938541 |
|---|---|
| Price | $420,000 |
| Square Footage | 3,352 |
| Acres | 0.21 |
| Year Built | 1946 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Pending |
Community Information
| Address | 402 E Main Street |
|---|---|
| Area | Dundee |
| Subdivision | DUNDEE |
| City | DUNDEE |
| County | Polk |
| State | FL |
| Zip Code | 33838-4209 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Heating | Electric |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Roof | Shingle |
|---|---|
| Foundation | Slab |
Additional Information
| Date Listed | April 24th, 2026 |
|---|---|
| Days on Market | 131 |
| Zoning | R-1A |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REAL ESTATE BROKERS USA, INC. |
|---|