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Sold for $695,000 on 05/15/24
  • $695,000

    4986 Steel Dust Ln, Lutz, FL 33559

    10beds
    6baths
    4,080sqft
    Quadruplex, Multi Family
    Built in 1982
    -- sqft lot
    $644,700 Zestimate®
    $170/sqft
    $1,885 Estimated rent

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 15, 2024 at 01:32pm

    Listing Provided by:

    Sam Pergerson 941-960-9109,

    COLDWELL BANKER REALTY 813-286-6563,

    Jonathan Pergerson 941-888-0043,

    COLDWELL BANKER REALTY

    Bought with:

    Annie Amador

    RES REAL ESTATE SOLUTIONS, LLC

    Source: Stellar MLS,MLS#: A4605438MLS LogoOriginating MLS: Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 4,752
    • Total interior livable area: 4,080 sqft

    Property

    Features
    • Exterior features: Balcony
    Lot
    • Size: 9,625 sqft
    Details
    • Parcel number: 1426190040000000021
    • Zoning: MF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Lutz
    • Subdivision: WILLOW LAKE SUB

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 5250

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Asphalt
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    Estimated market value
    $644,700