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Marketing Description
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.
Investment Highlights
- 10 Units of Multifamily for Sale with interior/exterior value add potential.
- Located in the North Tampa Market of Lutz near the University District.
- Great 1031 Exchange placement opportunity.
- Property is on septic.
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Zoning
RMC-16 ResidentialMulti FamilyResidential Multifamily Conventional
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