2501 IRENE ST, LUTZ, FL, 33549
$1,200,000
Residential Income
|
Bedrooms
12
|
Bathrooms
6
|
Living Area
3,634 Sqft
|
Lot Size
17,000 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8553176 | Year Built: | 1971 | |
| Appliances: | Electric Water Heater, Microwave, Refrigerator | Community Features: | Street Lights | |
| Construction Materials: | Block | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Hillsborough | |
| Exterior Features: | Private Entrance, Private Mailbox, Private Yard | Financial Data Source: | Owner | |
| Flooring: | Tile | Foundation Details: | Slab | |
| Furnished: | Unfurnished | Heating: | Central | |
| Laundry Features: | None | Lease Term: | Twelve Months | |
| Levels: | One | Listing Agreement: | Exclusive Agency | |
| Listing Terms: | Cash, Conventional | Lot Features: | In County, Landscaped, Level, Street Dead-End, Paved | |
| Other Equipment: | Private Entrance, Private Yard | Parking Features: | Assigned, Common, Driveway, Ground Level, Off Street, Open, Parking Pad | |
| Patio And Porch Features: | Covered, Porch | Pets Allowed: | Yes | |
| Possession: | Close Of Escrow | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Aerobic Septic | Showing Requirements: | Call Listing Agent, No Lockbox | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity | |
| Utilities: | Electricity Connected, Fire Hydrant, Water Connected | Water Source: | Public | |
| Window Features: | Aluminum Frames | |||
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