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$136,000
3 Beds 2 Baths Willow Lake Sub SubDv. 33559 Zip Code
GO AND SHOW! NOW VACANT***** HUGE PRICE REDUCTION********INVESTOR SPECIAL********** PRICED FOR A FAST SALE***** Calling all flippers and portfolio builders! This 3-bedroom, 1.5-bathroom townhouse in the highly sought-after Lutz/Wesley Chapel corridor is the value-add opportunity you’ve been waiting for. With No HOA fees, X flood zone, solid bones with a 2018 Roof, saving you a major expense right of the bet, the potential is there. Previously tenant-occupied, this home is NOW VACANT AND EASY TO VIEW. Request your showings and bring your best offers now. Opportunity knocks! No more coordinating with tenants; this one is move-in ready and available for a quick closing. Available for showings 7 days a week. BRING YOUR BEST OFFER.

4965 Steel Dust Lane, Lutz

$1,375,000
Clewell Heights Second Additio SubDv. 33549 Zip Code
We are proud to present Irene Street Apartments in Lutz, FL for Sale. This offering includes (2) quadplexes and (1) duplex for a total of (10) units with 100% occupancy! Each layout is a 2 bed /1 bath configuration with roughly 705 SF. The sale includes three parcels; addresses 2203, 2205, & 2207 Irene Street. All of the buildings had new roofs installed in 2018. Many of the AC units have also been replaced. All of the units have had work done with most of them being fully updated with new kitchen cabinets & countertops, new appliances, new flooring, and new bathroom features. Exteriors were painted in 2025 and the parking lot re-paved. Future ownership may also elect to add an on-site laundry facility to increase income.

2205 Irene Street, Lutz

$1,278,900
8 Beds 8 Baths Clewell Heights Second Additio SubDv. 33549 Zip Code
Final Opportunity! This high-income multi-family property is about to go off the market — now available at its last and final price drop. Act fast! This listing includes two quadplexes, 2208 and 2210 Irene, on side-by-side lots being sold together. The portfolio features eight 1BR/1BA units, seven of which are fully furnished, turnkey extended stay rentals, currently operating as successful Airbnb's, over a 9% cap rate . These units have a 30-day minimum stay, with most guests—such as travel nurses and Moffitt patients—booking for 60 to 90 days. Keep as is or change to furnished rentals at a 7% cap rate or unfurnished at a 6% cap rate. One unit is leased to a long-term tenant of 7 years, and another Airbnb guest has remained for over a year at $1,825 per month. Current Airbnb units average approximately $1,825-$1875 per month per unit, with bookings already in place to September. Seven units have been recently renovated, including one completed June 1st and listed on Airbnb( Booked in 4 days for 3 months). Each Unit is on separate electric meters. Septic was pumped last month and a new lift station pump installed. Washer and dryer are approximately a years old. Roof was replaced in 2018. Appraised in 2022 at $612,000 for one building alone, with only two units remodeled at the time. Sale includes all furnishings, linens, and extra supplies in 7 units. Buyer must honor existing bookings, with some ending in September. The current owner will remain the point of contact for guests until those bookings conclude. New owner will need to create their own Airbnb listings after transfer and may also utilize other platforms such as Furnished Finder or Vrbo. These properties are offered as-is with no repairs or updates to be made post-contract. They present a strong investment opportunity with immediate income, low turnover, and solid performance. Please do not disturb guests. Price is firm.

2210 Irene Street, Lutz

$320,000
3 Beds 2 Baths W E Hamners Wonderland Acres Add 01 SubDv. 33549 Zip Code
This attractive duplex is situated on a large lot and features a spacious 2/1 plus bonus room residence on one side and a 1/1 with screened Florida room on the other. For any buyer, it makes an outstanding investment and/ or a hard-to-find extended family living opportunity at a modest price. The property is zoned for multi-family residences under10 units. Its Lutz location offers convenient access to I-275, USF, and the top hospitals and medical facilities in the Tampa Bay area. You will save money for insurance as it is outside of flood and storm evacuation zones. In addition to newer appliances in both units, not so easily apparent are the many vital but costly repairs and upgrades done in recent years. These include new roof (2018), major electrical Refit and upgrades including new panel (2019) by licensed electrician, most freshwater piping in both units replaced by licensed contractor (2023). PLEASE DO NOT DISTURB TENANTS OR TRESPASS ON THE PROPERTY WITHOUT LISTING AGENT'S PRIOR PERMISSIOn!

2410 E 148th Avenue, Lutz

$342,000
4 Beds 2 Baths Clewell Heights Second Addition SubDv. 33549 Zip Code
7% CAP 2/1 duplex with RMC-16 zoning! Large portion of the lot is still open, may have the potential to add more units. Buyer must research to see if Hillsborough would allow as owner and sellers agent do not have that information. This duplex is a prime investment opportunity with just 2 units, featuring a newer roof installed in 2022, permit HC-BTR-22-0124472. Unit A had new granite put in and was retiled in 2022. As well as a bathroom update, appliances, texture, paint, ring doorbell, digital lock in the last 6 months. Unit B was updated in 2020 before the tenant moved in. Water heaters are less than a year old in both units. Tenants pay electric, water is on well and sewer is on septic. Long term tenants, in unit A they moved from one of our other units and has been with us for 4 years, unit B has been with us for almost 5 years. Gross monthly rent $2,550.

2204 Irene Street, Lutz

$695,000
Willow Lake Sub SubDv. 33559 Zip Code
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.

4986 Steel Dust Lane, Lutz

$740,000
8 Beds 4 Baths Unplatted SubDv. 33559 Zip Code
Buyer financing fell through! Property appraised for $763,000. Completely turn-key, Fully Occupied and Fully updated and upgraded 4 unit property in Lutz. Each unit is a 2 bedroom 1 bath 705 sq. ft. apartment. The roof was replaced in April 2021 and all 4 AC units and water heaters are new in 2021 as well. The owner put over $130,000 in upgrades to the property including connecting it to city water. Each unit has a brand new kitchen and bathroom, all with granite countertops. Kitchens include new cabinetry and appliances. The 2 ground floor units have tile flooring throughout and the upstairs units have all new laminate flooring. The 2nd story units also have sliding glass doors leading out to a balcony while the 1st floor units have a patio. Property has a parking lot as well for off-street parking. Great location just north of Tampa with easy access to the University of South Florida.

15417 Livingston Avenue, Lutz

$455,000
12 Beds 8 Baths Yocam Village Rev SubDv. 33548 Zip Code
Welcome to Yocam Village - a great neighborhood with homes of varying styles and sizes in the community of Lutz! These 6 single-wide mobile homes, ranging from 1956 - 1980, are nestled on a 9-parcel tract which is wooded and backs up to a small pond. There are three 2 bed/1 bath units; one 1 bed/1 bath; one 3 bed/1.5 bath unit; and a 2 bed/2 bath. They each have a storage shed, porch, laundry hook-up, range, refrigerator, and are fully fenced. Each home is situated on approximately .16 acres and overlaps the 9 parcel lines. All of the homes are currently leased and share well water from one of the two wells onsite, which has a commercial chlorinator. Trash is also included in the rent. There have been various updates to each of the homes - see attached for more details. This great investment opportunity is being sold together as one purchase! Located just 15 miles north of Tampa, the suburb of Lutz is close enough to all the action while providing a welcoming space away from the hustle and bustle of city life. Known for their amazing schools and nature trails, this is a wonderful place to call home. (Cross-posted in Residential - MLS #G5074512)

18102 Crooked Lane, Lutz