Thank you
Sam Pergerson
COLDWELL BANKER REALTY
813-286-6563
Under contract-accepting backup offers. MULITPLE OFFERS, BEST AND FINAL BY Thursday 4/5/2024. 100% Occupied income generated 4-unit multifamily community in Lutz presents an attractive investment opportunity with several appealing features: Current rent $5287 with 12 months leases. The property boasts a diverse unit mix, with (2) the units offering three bedrooms and two bathrooms and (2) the units offering two bedrooms and 1 bathroom. Each unit is individually metered for water and sewer, which can help in ensuring tenants are responsible for their utility usage, potentially reducing operational costs for the landlord. The property is constructed with concrete block, a durable and low-maintenance material choice that offers longevity and stability to the buildings. This can contribute to lower maintenance costs over time. The surrounding area boasts strong demographics, with a median household income of $85,372 and an average household income of $100,668 within a one-mile radius. This indicates a potentially affluent tenant base capable of paying competitive rental rates. The property's close proximity to Interstate 75 provides convenient access to Tampa, a major economic and cultural hub in the region. This accessibility can be appealing to tenants who commute for work or seek entertainment options in the city
Total Bedroom: 10
Total Baths: 6
Full Baths: 6
Ceiling Fans(s)
Roof : Shingle
Appliances : Dryer, Microwave, Range, Washer
Laundry Features: Common Area
Shingle
Flooring : Carpet, Laminate
Construction Materials : Block
Heating: Central
Cooling: Central Air
WaterSource: Public
Year Built: 1982
Balcony
Construction Materials: Block
Foundation Details: Block
Lot Square Feet: 9625
Lot Acres: 0.22
Lot Size (SqMt): 894
Property Type: Residential
Sub Type: Condominium
Original List Price: $695000
Tax Block: 00
Tax Book Number: 11-50
Tax Lot: 2
Tax Legal Description: WILLOW LAKE SUB PB 11 PG 50 POR LOT 2 COM MOST SLY COR LOT 2 BEING INTSEC NE R/W TAMPA DOWNS BLVD & NWLY R/W STEEL DUST LN FOR POB TH N39DEG 38' 43"W ALG R/W 121.61 FT TO PC INTERSECT SE R/W SR 54 TH NELY ALG ARC OF CRV LT ALG R/W 79.68 FT TO PC RAD 2914.79 FT DELTA 01DEG 33' 59" CHD 79.68 FT BRG N42DEG 31' 03.5"E TH S39DEG 38' 43"E 119.49 FT TO R/W STEEL DUST LN TH S41DEG 00' 48"W ALG R/W 80 FT TO POB
Annual Tax: $9116
Tax Year: 2023
Parcel Number: 14-26-19-0040-00000-0021
Included Fees: Maintenance Grounds, Pest Control
Electricity Connected
Sewer: Public Sewer
Water Source: Public
Subdivision: WILLOW LAKE SUB
City: LUTZ
Direction: Keep right to stay on Wesley Chapel Blvd ? 0.9 mi Turn left onto Tampa Downs Blvd ? 249 ft Turn left onto Steel Dust Ln Destination will be on the left
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
16222 Livingston Avenue, Lutz, FL,33559 | $985,000 | -- | -- | 136,778 | 32 Acres |
2811 Coastal Range Way, Lutz, FL,33559 | $445,000 | -- | -- | 55,648 | 1.28 Acres |
2338 Summerlit Street, Lutz, FL,33559 | $388,034 | 3 | 3 | 1,680 | 0.04 Acre |
4926 Billy Direct Lane, Lutz, FL,33559 | $384,900 | 4 | 4 | 1,770 | 0.21 Acre |
17811 Newcastle Field D.., Lutz, FL,33559 | $1,135,000 | 4 | 3 | 3,033 | 0.51 Acre |
3633 Panther Path Road, Lutz, FL,33559 | $1,075,000 | -- | -- | 220,414 | 5.06 Acres |
17804 Brewster Green, Lutz, FL,33559 | $1,050,000 | 4 | 3 | 3,033 | 0.54 Acre |
2326 Summerlit Street, Lutz, FL,33559 | $384,799 | 3 | 3 | 1,680 | 0.04 Acre |
17912 Bramshot Place, Lutz, FL,33559 | $960,000 | 4 | 3 | 3,028 | 0.89 Acre |
4640 Birdsong Boulevard, Lutz, FL,33559 | $479,990 | 3 | 3 | 1,582 | 0.21 Acre |
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Based on information submitted to the MLS GRID as of 04/30/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 04/30/2024 @ 18:20
MLS: MFRMLS #A4605402
LISTED BY: Sam Pergerson, COLDWELL BANKER REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.