Property Description
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: Current rent $5287 with 12 months leases. 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
Features
- Heating System:
- Central
- Cooling System:
- Central Air
- Exterior Features:
- Balcony
- Flooring:
- Carpet, Laminate
- Interior Features:
- Ceiling Fans(s)
- Laundry Features:
- Common Area
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected
Appliances
- Appliances:
- Range, Washer, Dryer, Microwave
Address Map
- Country:
- US
- State:
- FL
- County:
- Pasco
- City:
- Lutz
- Subdivision:
- WILLOW LAKE SUB
- Zipcode:
- 33559
- Street:
- STEEL DUST
- Street Number:
- 4986
- Street Suffix:
- LANE
- Longitude:
- W83° 37' 33.4''
- Latitude:
- N28° 13' 43.9''
- Direction Faces:
- East
- 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
- Mls Area Major:
- 33559 - Lutz
- Unit Number:
- 1-4
- Zoning:
- MF2
Additional Information
- Water Source:
- Public
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/A4605402
- Stories Total:
- 2
- On Market Date:
- 2024-03-30
- Levels:
- Two
- Foundation Details:
- Block
- Construction Materials:
- Block
- Community Features:
- None
- Building Size:
- 4752
Financial
- Association Fee Includes:
- Maintenance Grounds, Pest Control
- Tax Annual Amount:
- 9116
Listing Information
- Co List Agent Full Name:
- Jonathan Pergerson
- Co List Agent Mls Id:
- 281541180
- Co List Office Mls Id:
- 639501
- Co List Office Name:
- COLDWELL BANKER REALTY
- List Agent Mls Id:
- 281538489
- List Office Mls Id:
- 639501
- Mls Status:
- Sold
- Modification Timestamp:
- 2024-05-15T20:16:08Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2024-05-15T20:14:11Z
Residential For Sale
4988 Steel Dust Ln #1-4, Lutz, Florida 33559
10 Bedrooms
6 Bathrooms
4,080 Sqft
$695,000
Listing ID #A4605402
Basic Details
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- A4605402
- Price :
- $695,000
- Bedrooms :
- 10
- Bathrooms :
- 6
- Square Footage :
- 4,080 Sqft
- Year Built :
- 1982
- Lot Area :
- 0.22 Acre
- Full Bathrooms :
- 6
- Property Sub Type :
- Condominium
- Roof:
- Shingle
Agent info
Contact Agent
