Lutz, FL 33559,4986 STEEL DUST LN #1-4
Lutz, FL 33559,4986 STEEL DUST LN #1-4
Lutz, FL 33559,4986 STEEL DUST LN #1-4
Lutz, FL 33559,4986 STEEL DUST LN #1-4
Lutz, FL 33559,4986 STEEL DUST LN #1-4
Lutz, FL 33559,4986 STEEL DUST LN #1-4
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$695,000

$695,000

Est.Price: ?

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Est. payment /mo

10 Beds

6 Baths

4,080 SqFt


SOLD DATE : 05/15/2024

Key Details

Sold Price $695,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $170

Subdivision Willow Lake Sub

MLS Listing ID A4605402

Sold Date 05/15/24

Bedrooms 10

Full Baths 6

Construction Status Financing

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $9,116

Lot Size 9,583 Sqft

Acres 0.22

Property Description

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

Location

State FL

County Pasco

Community Willow Lake Sub

Zoning MF2

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplace false

Appliance Dryer, Microwave, Range, Washer

Laundry Common Area

Exterior

Exterior Feature Balcony

Community Features None

Utilities Available Electricity Connected

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Financing

Others

HOA Fee Include Maintenance Grounds,Pest Control

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by COLDWELL BANKER REALTY
Bought with RES REAL ESTATE SOLUTIONS, LLC
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