1210 S State Road 17

    Dundee, FL 33838
    • $449,900
    • STATUS: Active
    • ON SITE: 257 days
    • MLS #: O5513855
    UPDATED: 58 min ago
    $449,900
    • 0
      BEDS
    • 1.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,392
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Listing information courtesy of Mighty Realty Inc.

    Description

    JUST REDUCED $30K! 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 2018-02-20T11:42:34.55.
    www.michellechenault.com/homes/73349113

    1210 S State Road 17 Dundee, FL 33838

    • Price: $449,900
    • Status: Active
    • Updated: 58 min ago
    • MLS #: O5513855
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.32
    Acres
    4,392
    SQFT
    $102
    $/SQFT
    1947
    Built
    Neighborhood:
    Fla Highlands Co Sub
    County:
    Polk
    Area:
    Dundee
    Property Description
    JUST REDUCED $30K! 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

    Exterior Construction BlockWood Frame Exterior Features Other Garage Carport None Garage Features Other Location In City LimitsLot - OversizedStreet Paved Lot Dimensions 150X220 Pool None Property Style Five Or More Roof Shingle Sidewalk No Total Acreage One + To Two Acres Water Access YN No Water Frontage YN No Water View YN No Waterfront Feet 0

    Interior Features

    Air Conditioning Wall Units/Window Appliances Included RangeRefrigerator Floor Covering Laminate Heating And Fuel Wall Units / Window Unit Interior Features Blinds/ShadesCeiling Fan(S) Kitchen Features Closet Pantry

    Property Features

    1 Bed1 Bath Avg Rent 575 1 Bed1 Bath Units 2 2 Bed1 Bath Avg Rent 725 2 Bed1 Bath Units 3 Additional Parcel YN No Auction YN No Cdd YN No Efficiencies Units 3 Efficiency Avg Rent 550 Financing Available CashConventionalSeller Financing Flood Zone Code X Hoa Comm Association None Housing For Older Persons N/A Internet YN Yes Lot Number 6 New Construction No Pet Restrictions YN No Pets Allowed YN Yes Realtor Info Sold As-Is Special Sale Provision None Sq Ft Source Public Records Tax Year 2016 Taxes 3961 Utilities Cable AvailableCity WaterElectricSeptic 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 2018-02-20T11:42:34.55.
    Chenault Group
    468 Mandalay Ave.
    Clearwater Beach FL, 33767
    Listing information courtesy of Mighty Realty Inc.