Active

$1,325,000

Features:
  • 10 Bedrooms
  • 8 Bathrooms
  • 4440 sq ft
Overview
  • ID: MFRTB8532775
  • Bedrooms: 10
  • Bathrooms: 8
  • Size: 4440 sq ft
Property Details
Remarks
Discover a rare investment opportunity in the heart of Dunedin! This well-maintained 6-unit multifamily property offers an exceptional location just minutes from downtown Dunedin, local dining, shopping, entertainment, and the scenic Pinellas Trail. Situated in a highly desirable area, this property provides strong rental demand and an attractive cap rate opportunity for investors seeking reliable income. The property features three separate block construction buildings with all units separately metered, providing efficient management and tenant accountability. The six units include two 2-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units. Each unit has been cosmetically renovated within the last year and offers a large screened-in porch, creating desirable additional living space for tenants. The 2-bedroom, 2-bath units include private carports, while the remaining units offer dedicated parking pads. A shared community laundry room adds convenience and value for residents. The property is currently fully occupied and generating income, allowing a new owner to step in and immediately begin benefiting from this established rental opportunity. Located high and dry with no flooding during the seller’s ownership, this Dunedin multifamily property combines location, income potential, and long-term investment appeal. Opportunities to acquire a six-unit property in such a walkable and desirable Dunedin location are truly limited, don’t miss your chance to add this income-producing asset to your portfolio.
Financial Considerations
Price:
$1,325,000
HOA Fee:
N/A
Tax Amount:
$10932
Price per SqFt:
$298.42
Tax Legal Description:
W 170FT OF S 1/4 OF NW 1/4 OF SW 1/4 OF SEC 35-28-15 LESS N 120FT & LESS S 97FT THEREOF
Exterior Features
Lot Size:
20399
Lot Features:
City Limits, In County, Irregular Lot, Level, Near Golf Course, Near Marina, Near Public Transit, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Driveway, Guest, Off Street, Oversized, Parking Pad
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
10
Bathrooms:
8
Heating:
Central, Electric, Ductless
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Electric Water Heater, Range, Refrigerator
Furnished:
No
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1968
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
Buyer to contact city about any leasing restrictions
Map
  • Address
    153 NEW YORK AVE
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