$695,000 ($170.34 per sqft)

Pending

Est. Mortgage $3,606/mo *

Quick Pre-Approval

4986 Steel Dust LANE, #1-4, Lutz, FL, 33559

4986 Steel Dust LANE, #1-4, Lutz, FL, 33559

10 rooms

10 beds

6 Full baths

1982

4,080 sqft

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: 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


Status:

Pending

Type:

Condo

Laundry Remarks:

Common Area

Complex:

WILLOW LAKE SUB

Heating:

Central

Cooling:

Central Air

Levels:

2

Acreage:

0.22

Est. Taxes:

$9,116

Construction

Block

Utilities

Electricity Connected

Days on Market:

7

Elevator:

N

Appliances:

Dryer, Microwave, Range, Washer

Min Lease Term:

No Minimum

MLS #:

A4605402


Community Info

School Info

Walk Score

Yelp



Listing courtesy of COLDWELL BANKER REALTY Phone: 813-286-6563