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 ...
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Listing Courtesy of: COLDWELL BANKER REALTY
813-962-0631
| Listing Id: | TB8567163 |
|---|---|
| List Price: | $1,149,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Multi-Family 5+ |
| Status: | Active |
| Living Area: | 3,634 |
| Tax Annual Amount: | $8,271 |
| Lot Size Square Feet: | 17,000 |
| Lot Size Acres: | 0.39 |
| Waterfront?: | No |
| City: | Lutz |
| County Or Parish: | Hillsborough |
| Subdivision Name: | Clewell Heights First Add |
| Postal Code: | 33549 |
| Year Built: | 1971 |
| Number Of Units Total: | 6 |
| Additional Parcels?: | Yes |
| Appliances: | Microwave, Refrigerator |
| Building Area Source: | Public Records |
| Building Area Total: | 3768 |
| Building Area Units: | Square Feet |
| Electric: | Service - 110 Volts, 220 Volts |
| Direction Faces: | West |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Central Air |
| Gross Scheduled Income: | $83,625 |
| Directions: | From Bearrs Ave. North on Livingston one block to West on Irene St. |
| Flooring: | Carpet, Ceramic Tile, Tile |
| Gross Income: | $83,625 |
| Heating: | Central |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Cul-De-Sac, Fire Hydrant, Landscaped, Near Public Transit, Neighbourhood, Street Lights, Paved |
| Lot Size Acres: | 0.39 |
| Lot Size Dimensions: | 170 x100 |
| Postal Code Plus4: | 3116 |
| MLS Area Major: | 33549 - Lutz |
| MLS Area Major: | 33549 - Lutz |
| Net Operating Income: | $57,046 |
| Original List Price: | $1,149,000 |
| Parcel Number: | U-05-28-19-1FP-000002-00004.0 |
| Parking Features: | Common, Ground Level |
| Stories Total: | 1 |
| Township: | 28 |
| Road Frontage Type: | County Road |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Commercial Financing |
| Tax Year: | 2025 |
| Sewer: | Aerobic Septic |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | U-05-28-19-1FP000002-00005.0 |
| Utilities: | Private, Public, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 2 |
| Property Condition: | Completed |
| Public Survey Range: | 19 |
| Public Survey Section: | 05 |
| Zoning: | RMC-16 |
| Possession: | Close Of Escrow |
| Vegetation: | Mature Landscaping, Trees/Landscaped |
| Window Features: | Aluminum Frames |
| Building Features: | Bathrooms, Dumpsters, Fencing |
| Adjoining Property: | Multi-Family, Residential |
| Alternate Key Folio Num: | 0350060000 |
| Annual Expenses: | 26679 |
| Annual Income Type: | Actual |
| Building Area Total Srch Sq M: | 350.06 |
| Calculated List Price By Calcula: | 304.94 |
| Ceiling Type: | Drywall |
| Condo Environment Yn: | No |
| Converted Residence Yn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2008-08-28 |
| Flood Zone Panel: | 12057C0210H |
| Green Verification Count: | 0 |
| Living Area Meters: | 337.61 |
| Lot Size Square Meters: | 1579 |
| Management: | Owner Manager |
| Road Frontage Ft: | 170 |
| Sale Includes: | Building(s) and Land, Leases |
| Sdeo yn: | No |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Road Responsibility: | Public Maintained Road |
| Attribution Contact: | 813-962-0631 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Green Energy Generation Yn: | No |
| Number Of Separate Electric Meters: | 7 |
| Designated Builder Yn: | No |
| Number Of Separate Water Meters: | 1 |
| Listing Contract Date: | 2026-11-11 |
| Income Includes: | Rent Only |
| Tenant Count: | 6 |
| Total Parking Spaces: | 11 |
| New Construction?: | No |
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Property Last Updated: November 13, 2026 03:04 AM - ET
