153 New York Avenue, Dunedin, FL 34698

$1,325,000
10
BD
8
BA
4,440
SqFt

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List Price
$1,325,000
Status
ACTIVE
MLS#
TB8532775
Bedrooms
10
Bathrooms
8
Living Area
4,440
Subdivision
Acreage

Property Description

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.

Additional Information

Year Built
1968
Construction
Block
Living Area
4,440
Acres
0.47
Interior Features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Thermostat
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Electric, Ductless
Parking
Common, Driveway, Guest, Off Street, Oversized, Parking Pad
Garage Description
2 Car Carport
Exterior Features
Lighting
Sewer
Public Sewer
Pets
Yes

Listing courtesy of CHARLES RUTENBERG REALTY INC.

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