2204 Irene St, Lutz, FL 33549

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.