Opportunity Found! Prime investment property in sought-after Dunedin. This beautiful 4-unit building offers exceptional appeal and is just blocks from the charming and eventful Downtown Dunedin. The units are all nicely sized with 2 bedrooms and 1 bath each. The kitchens feature white cabinetry, natural light, and an eating space. There are front-loading washers and dryers in each home, central AC units, ceiling fans, and flooring is either tile, LVP or carpet. Both upper and lower levels have desirable covered patio space at each door. The building is block construction and features a new roof installed in 2022 and an updated exterior paint. The structure is on a large corner lot with numerous oak trees, flowering bushes, and a grassy fenced yard. The grounds also provide plenty of off-street parking for tenants and guests, both cars and golf carts. This building had no damages from the recent storms and is not in a flood zone where lenders require flood insurance. The building has been professionally managed and is fully occupied by long-term tenants who pay for electric service, water, sewer, and internet bills. The landlord pays for trash dumpster, exterior lighting, and grounds care. The building is turn-key ready for the next investor to collect income from day 1. yet, it also could be a value-add opportunity for a savvy investor to modernize the units to maximize income. Location, location! Golf cart zoned for a quick ride to Main Street for dinner, the frequent festivals, or to one of the many breweries in Dunedin. Residents are next to the action for The Toronto Blue Jays' Spring Training games. Residents have nearby access to one of the best areas of the Pinellas Trail for biking or walking, and it's a quick walk to the water and the Dunedin Marina. This property is just down the street from Curtis Fundamental School and the Dunedin Library. This income-producing property has produced a consistent income with a very low vacancy rate for many years. Additional financial info is available. Please do not approach the building without an appointment in consideration of the residents. Hurry and contact us today to act on this one! Desirable, income-producing investments like this building are rarely available in Dunedin.
Listing courtesy of BIRCH REAL ESTATE SERVICES LLC. 727-265-3144
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