2501 IRENE STREET, Lutz, Florida, 33549

Listed by COLDWELL BANKER REALTY, Brian Bernhard, 813-833-5509, BERNHARDRE@AOL.COM
$1,200,000
3,634 Sqft
0.39 Acres
12 bd
6 ba
#TB8553176
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 FEATURES

  • Utilities : Electricity Connected, Fire Hydrant, Water Connected
  • Water Access : 0
  • Sewer : Aerobic Septic
  • Patio And Porch Features : Covered, Porch
  • Road Surface Type : Asphalt
  • Roof : Shingle
  • Zoning : RMC-16
  • Heating : Central
  • Cooling : Central Air
  • Construction Materials : Block
  • Interior Features : Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
  • Laundry Features : None
  • Appliances : Electric Water Heater, Microwave, Refrigerator
  • Flooring : Tile
PROPERTY DETAILS
ID: TB8553176
Status: Active
Price: $1,200,000
Acres: 0.39 Acres
Price Per Acre: $3,076,923
Type: Other
Address: 2501 IRENE STREET
City, State: Lutz, Florida
County: Hillsborough
Zip Code: 33549
Lat/Long: 28.083376, -82.432656
Presented By: Brian Bernhard
Phone: 813-833-5509
Email: Click to Contact
Agent
Brian Bernhard