Property Attributes
- MLS#A4605438
- TypePending
- CountyPASCO
- CityLUTZ
- AreaLutz
- NeighborhoodWillow Lake Sub
- Zip33559
- StyleQuadruplex
- Year Built1982
- Taxes$ 9116
- Price$ 695,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4080
- Lot Size9,583 SqFt
Data Source:
Stellar MLS
Property Description
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: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.
Price History | |
---|---|
3/30/2024 | Listed $695,000 |
General Features
Interior Features | Ceiling Fan(s) |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected |
Roof | Shingle |
Exterior Features | Balcony |
Zoning | MF2 |
Construction Materials | Block |
Year Built | 1982 |
Property SubType | Quadruplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Pasco |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | WILLOW LAKE SUB |
Garage Y/N | No |
Status | Pending |
Directions | 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. |
City | LUTZ |
Buyer Agent Compensation | 2% |
Senior Community Y/N | No |
Total Units | 4 |
MLS Area | 33559 - Lutz |
Lot Size Square Feet | 9625 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Steel Dust |
Tax Annual Amount | 9116 |
Public Remarks | 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 oppo |
Ok to Lease | 12 Months |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4605438 |
Days on Market | 7 |
Standard Status | Pending |
Tax Lot | 2 |
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 |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | LANE |
Laundry Features | Common Area |
LivingAreaSource | Public Records |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 9625 |
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 4752 |
Lot Size Acres | 0.22 |
Road Surface Type | Asphalt |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool