About 4986 Steel Dust Lane 1-4
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
Features of 4986 Steel Dust Lane 1-4
MLS® # | A4605402 |
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Price | $695,000 |
Bedrooms | 10 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 4,080 |
Acres | 0.22 |
Year Built | 1982 |
Type | Residential |
Sub-Type | Condominium |
Status | Pending |
Community Information
Address | 4986 Steel Dust Lane 1-4 |
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Area | Lutz |
Subdivision | WILLOW LAKE SUB |
City | LUTZ |
County | Pasco |
State | FL |
Zip Code | 33559 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Interior Features | Ceiling Fans(s) |
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Appliances | Dryer, Microwave, Range, Washer |
Heating | Central |
Cooling | Central Air |
Fireplace | No |
# of Stories | 2 |
Exterior
Exterior Features | Balcony |
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Roof | Shingle |
Foundation | Block |
Additional Information
Date Listed | March 30th, 2024 |
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Days on Market | 16 |
Zoning | MF2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Sam Pergerson |
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Office | COLDWELL BANKER REALTY |