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2205 Irene St
Lutz, FL 33549
Irene Street Apartments · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.60 AC
Building Size 7,044 SF
Average Occupancy 100%
No. Stories 2
Year Built 1981
Zoning RMC-16 - Residential Multi-Family Conventional, 16 units per acre

Amenities

Unit Amenities

  • Air Conditioning

About 2205 IRENE ST , LUTZ, FL 33549

KW Commercial is proud to represent Irene Street Apartments in Lutz, FL for Sale. This offering includes (2) quadplexes and (1) duplex for a total of (10) units. Each layout is 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. Interior wise, 1 of the 10 units has been upgraded with granite countertops, new appliances and new bathroom features. Future ownership has the value add upside to renovate the remaining interior/exterior and increase rents. Ownership may also elect to add an onsite laundry facility to increase income. For a full review of the Financial Offering, please sign the Confidentiality Agreement attached to the Initial Offering Memorandum and return to Broker.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 10 - 705

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • U-05-28-19-1FQ-000002-00009.0
  • U-05-28-19-1FQ-000002-00010.0
  • U-05-28-19-1FQ-000002-00008.0
Land Assessment
$161,076
Improvements Assessment
$817,148
Total Assessment
$978,224
  • Listing ID: 16035293

  • Date on Market: 5/13/2019

  • Last Updated:

  • Address: 2205 Irene St, Lutz, FL 33549

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