$1,077,000

2205 Irene Street

LUTZ FL, 33549

Description

We are proud to represent Irene Street Apartments in Lutz, FL for Sale. This offering includes (2) quadplexes and (1) duplex for a total of (10) units. Each unit comprises a 2/1 configuration with roughly 705 SF. The Sale includes three addresses, 2203, 2205, & 2207 Irene Street. All of the buildings had new roofs installed in 2018. Interior wise, 1 of the 10 units has been fully upgraded with granite countertops, new appliances and new bathroom features. Future ownership has the value add upside to renovate the remaining 9 units and increase rents to market rent of $950/month. New ownership may also elect to add an onsite laundry facility to increase income. For a full review of the Financial Offering, please sign the Confidentiality Agreement attached to the Initial Offering Memorandum and return to Broker.

Details

MLS#T3174462
StyleIndustrial
Sub-TypeResale
StatusActive
Year1981
Days On Site129

Features

SQ Feet7,256
Story(s)1
ZoningRMC-16

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Area Information

StateFL
CountyHillsborough
CityLUTZ
Zip Code33549
Area33549 - Lutz
Listing VS Median (in 33549)
Price:
$1,077,000
low | high
Med:
$378,000
100% of Average
SqFt:
7,256
low | high
Med:
2,472
100% of Average
$ / SqFt:
$148
low | high
Med:
$153
46.979203288531% of Average
On Site:
129
low | high
Med:
240
53.75% of Average
Listing Updated: 09/18/2019
MLS Number: T3174462
Listing Provided By:
Coach Cook  of  KELLER WILLIAMS TAMPA PROP.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.