12703 N 15TH ST, TAMPA, FL, 33612
$1,350,000
Residential Income
Bedrooms
16
Bathrooms
9
Living Area
6,152 Sqft
Lot Size
18,788 Sqft
12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi-family apartment complex in the rapidly growing university area of Tampa with substantial room for growth. With great proximity to USF, 12703 N 15th St is less than 1 miles from Universities Urban Core. Ownership spent over 200k in CapEx including new roofs, exterior paint, landscaping, paved parking lot, separate water meters shared grass area. Interior renovations include new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry. Current Rent Roll: $13,369.27 Unit Mix: 1/1 - 2 2/1 - 4 3/1 - 1 3/2 - 1 New owner has the ability to recapture an average of $263/month unit - increasing the the total rent roll by $25,248. Enjoy a strong cashflow right from the start and let the property appreciate.
Property Details
Property Features Property Features
MLS ID: MFRTB8549116 Year Built: 1960
Construction Materials: Block, Stucco, Frame Cooling: Central Air, Wall/Window Unit(s)
Country: US County Or Parish: Hillsborough
Exterior Features: Courtyard, Sidewalk Foundation Details: Slab
Heating: Central, Ductless Laundry Features: In Kitchen, Inside
Listing Agreement: Exclusive Right To Sell Property Sub Type: Quadruplex
Property Type: Residential Income Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected Water Source: Public
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