2501 Irene Street, Lutz, FL 33549
- $1,200,000
- 12
- BD
- 6
- BA
- 3,634
- SqFt
- List Price
- $1,200,000
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8553176
- Property Style
- Quadruplex
- Year Built
- 1971
- Bedrooms
- 12
- Bathrooms
- 6
- Living Area
- 3,634
- Price per sq. ft.
- 330.21
- Lot Size
- 17,000
- Acres
- 0.39
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Clewell Heights First Add
- MLS Area Major
- Lutz
Property Description
Prime 6-Unit Multi-Family Investment Package | Lutz, FL.. An exceptional turnkey investment opportunity located in unincorporated Hillsborough County. This multi-family package consists of two contiguous parcels featuring two single-story, concrete block buildings totaling 6 residential units (each 2 Bed / 1 Bath). Situated in the Clewell Heights First Addition subdivision, the properties offer strong, stable cash flow driven by long-term tenants and high local rental demand. Key Property Highlights Turnkey Condition & Recent Capital Improvements: New Roofs (2024) across both structures. Exterior Paint (2024) and well-maintained grounds. Updated kitchens and bathrooms with newer appliances. Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit. Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit. High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O' Lakes, and Wesley Chapel. Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000) Combined Total Portfolio Site Address 2501 Irene St, Lutz, FL 33549 Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units. Year Built 1971 Living Area (Heated) 2,500 sq. ft. ~1,134–1,200 sq. ft. ~3,634–3,700 sq. ft. Lot Size 17,000 sq. ft. (~0.39 Acres) RMC-16 (Multi-Family) Concrete Block / Masonry on Slab Central A/C 6 units Individual Central A/C New Roofs (2024) Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2 Lutz/North Tampa is one of the region’s most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions. Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.
/u.realgeeks.media/sarasotaone/logos/20180602-Sarasota-Real-Estate-Group-R.png)
Additional Information
- Taxes
- $5175
- Annual Gross Income
- 79200
- Location
- In County, Landscaped, Level, Street Dead-End, Paved
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- One Story, Attached
- Zoning
- RMC-16
- Interior Features
- Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
- Floor
- Tile
- Appliances
- Electric Water Heater, Microwave, Refrigerator
- Utilities
- Electricity Connected, Fire Hydrant, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Private Entrance, Private Mailbox, Private Yard
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad
- Elementary School
- Mort-Hb
- Middle School
- Buchanan-Hb
- High School
- Freedom-HB
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- U-05-28-19-1FP-000002-00004.0
- Legal Description
- CLEWELL HEIGHTS FIRST ADDITION LOT 4 BLOCK 2
Listing courtesy of COLDWELL BANKER REALTY. 813-962-0631
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. 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 consumer 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 on