2501 IRENE STREET, Lutz, Florida, United States, 33549

1,149,000
for Sale
17,000

About the property:

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. 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. New Septic System 2026. 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 Type:
Multi-Family 5+
Status:
for Sale
House Style:
Other
Acres:
0.39
Square Feet:
3634
Area:
33549 - Lutz
Heating Type:
0
Directions:
From Bearrs Ave. North on Livingston one block to West on Irene St.
Is Art:
Yes
Is Bed:
Yes
Is Building:
Yes
Is Investment:
Yes
Is Land:
Yes
Is Multi Family:
Yes
Is Market:
Yes
Is Media:
Yes
Is Medical:
Yes
Is Other:
Yes
Is Parking:
Yes
Is Shopping Center:
Yes
Is Unit:
Yes
Annual Property Taxes:
8,271
Listing ID:
TB8567163

Rooms

Dimensions

Brokered by:
Coldwell Banker Realty
Presented By:

Sunny Sidhu

Broker Associate

RE/MAX Premier Group