153 NEW YORK AVE, DUNEDIN, FL, 34698
$1,325,000
Residential Income
|
Bedrooms
10
|
Bathrooms
8
|
Living Area
4,440 Sqft
|
Lot Size
20,399 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8532775 | Year Built: | 1968 | |
| Appliances: | Electric Water Heater, Range, Refrigerator | Construction Materials: | Block | |
| Cooling: | Central Air, Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Pinellas | Exterior Features: | Lighting | |
| Financial Data Source: | Owner | Flooring: | Luxury Vinyl | |
| Foundation Details: | Slab | Heating: | Central, Electric, Ductless | |
| Laundry Features: | Common Area, Laundry Room, Outside | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, Special Funding | |
| Lot Features: | City Limits, In County, Irregular Lot, Level, Near Golf Course, Near Marina, Near Public Transit, Paved | Occupant Type: | Tenant | |
| Other Structures: | Storage | Parking Features: | Common, Driveway, Guest, Off Street, Oversized, Parking Pad | |
| Patio And Porch Features: | Covered, Enclosed, Front Porch, Patio, Porch, Screened | Pets Allowed: | Yes | |
| Property Condition: | Completed | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent 2, Listing Agent Must Accompany, No Lockbox, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Water | Utilities: | Electricity Connected, Water - Multiple Meters | |
| Water Source: | Public | |||
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