2501 Irene StreetLutz, FL 33549

Description

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 Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1971

Living area

3,634 Sq Ft

Lot size

0.39 acres

Lot dimensions

170 x100

Ownership

Fee Simple

Zoning

RMC-16

Days on market

8

MLS^® Listing#

TB8553176

Property Features

Interior

Open Floorplan

Exterior

Private Entrance · Private Yard

Appliances

Electric Water Heater · Microwave · Refrigerator

Cooling

Central Air

Heating

Central

Flooring

Tile

Parking

Assigned · Common · Driveway · Off Street · Open · Parking Pad

Laundry

None

Patio

Covered · Porch

Lot features

Landscaped · Level · Paved

Construction

Block

Foundation

Slab

Roof

Shingle

Windows

Aluminum Frames

Community

Street Lights

Utilities

Electricity Connected · Water Connected

Sewer

Septic Tank · Aerobic Septic

Water source

Public

Schools

Elementary

Mort-HB

Middle

Buchanan-HB

High

Freedom-HB

Financial Details

HOA

None

Annual taxes

$8,271Tax year 2025

Parcel number

U-05-28-19-1FP-000002-00004.0

Directions

From Bearrs and Livingston North 1 block to West on Irene St.