KOVI Investments
KOVI Investments
Residential Income
$1,200,000
Prime 6-Unit Multi-Family Investment Package | Lutz, FL.. An exceptional turnkey investment opportunity located in unincorporated Hillsborough County. This multi-family package consists of two contiguous parcels featuring two single-story, concrete block buildings totaling 6 residential units (each 2 Bed / 1 Bath). Situated in the Clewell Heights First Addition subdivision, the properties offer strong, stable cash flow driven by long-term tenants and high local rental demand.
Key Property Highlights
Turnkey Condition & Recent Capital Improvements:
New Roofs (2024) across both structures.
Exterior Paint (2024) and well-maintained grounds.
Updated kitchens and bathrooms with newer appliances.
Low-Maintenance Construction: Durable solid concrete block/masonry construction on slab foundations with asphalt shingle roofing and individual central A/C units for every unit.
Tenant Amenities: Dedicated common off-street parking lot and convenient access to local transit.
High-Demand Location: Positioned just minutes from the University of South Florida (USF), major shopping centers, and key thoroughfares connecting Tampa, Lutz, Land O’ Lakes, and Wesley Chapel.
Property & Parcel Breakdown: Parcel 1 (Folio: 035006-0000) Parcel 2 (Folio: 035007-0000)
Combined Total Portfolio
Site Address 2501 Irene St, Lutz, FL 33549
Unit Count. 4 Units (2 Bed / 1 Bath) 2 Units (2 Bed / 1 Bath) 6 Total Units.
Year Built 1971
Living Area (Heated)
2,500 sq. ft.
~1,134–1,200 sq. ft.
~3,634–3,700 sq. ft.
Lot Size 17,000 sq. ft. (~0.39 Acres)
RMC-16 (Multi-Family)
Concrete Block / Masonry on Slab
Central A/C 6 units Individual Central A/C
New Roofs (2024)
Legal Description Clewell Heights First Add Lot 4 Block 2, Clewell Heights First Add Lot 5 Block 2
Lutz/North Tampa is one of the region’s most consistent rental submarkets, sustained by proximity to major employment hubs and top academic institutions.
Connectivity: Immediate access to major arteries providing quick commutes to Downtown Tampa, USF Medical District, and rapidly growing suburban hubs like Wesley Chapel.
Rare opportunity to acquire approximately 4.83 acres in Lutz, Florida…
$995,000
